Plans to build a renewable energy hub in South Wales have been unveiled.
The project involves the conversion of a 395MW coal-fired power plant into a centre of biomass, waste and other sustainable energy sources.
The clean energy generated will supply the Liberty Steel’s neighbouring arc furnace, which recycles domestic scrap to supply up to 20% of the UK’s steel market.
The project is expected to create 4,000 jobs.
The Gupta Family Group is behind the project and they believe the speed at which the plans progress will depend on the government’s support for renewable energy projects.
Chair Sanjeev Gupta, Liberty House Executive, on behalf of the Group said: “Green steel, produced by recycling UK scrap using low carbon energy generation methods, represents the future of the steel industry in Britain. We are eager that these installations in Wales will form the heart of what will be a new, clean and profitable era for the sector.
“We are in discussion with the UK government to ensure that those, like us, who are investing to create renewable energy capacity, can rely on support to give them stable markets at sustainable prices for the power they generate.”