Salzgitter AG welcomes the Energy Concept of the State Government of Lower Saxony

The state government of Lower Saxony gave its approval to the "Lower Saxony Energy Concept" on January 31, 2012. Salzgitter AG welcomes these endeavors geared to achieving a viable balance between securing the supply of energy, its environmental compatibility and affordability in the future. The concerns of energy-intensive industries on preserving their international competitiveness have been taken very seriously. Amongst others, these include the necessity of a competitive and reliable energy supply as well as the full compensation for carbon dioxide trading induced electricity price increases and retaining the tax cap on ecotax (“Spitzenausgleich”).

The huge significance of the role energy policies play in creating reliable framework conditions for industrial value added becomes patently clear. They are also a cornerstone for the green technologies of the future. An alternative energy policy cannot succeed without steel and other high-performance yet affordable materials, which is also clearly reflected in the energy concept now submitted by the state government of Lower Saxony.

As part of the "Future Begins with Steel" initiative – a joint campaign run by German steel companies to promote Germany as a steel location – a regional conference has been arranged in Hanover on September 26, 2012 to address the topic of "Energy". Jörg Bode, Minister of Economic Affairs, will be opening the event with an introductory note based on the Lower Saxony Energy Concept that was presented last week.