On December 3rd, 2023, ABB, a leading power and automation technology group, has organized an online panel discussion (webinar) in collaboration with Ezz Steel, titled “Steel Making: The Paradox of Reducing OPEX and Increasing Efficiency”, Invest-Gate reports.

The discussion aimed to address the challenges faced by industries in Egypt and explore opportunities for sustainable development, particularly in terms of energy efficiency.

The panel discussion featured distinguished speakers, including Mohamed Ismail, Services Division Manager, Motion-Egypt, North & Central Africa, and Ayman Abdullah, Will Rod Mill Maintenance Senior Manager at EZDK.

During the webinar, Mohamed Ismail, representing ABB, highlighted the company’s commitment to introducing innovative solutions in the field of electricity, both in Egypt and Africa. ABB aims to address challenges related to energy management, power outages, power quality, enhancing energy efficiency, and establishing smart cities that conserve energy consumption and support digital transformation in line with sustainable development goals.

Ismail emphasized the significant role of industrial electric motors in global electricity consumption, accounting for 45% of the total. By improving the efficiency of these motors, carbon emissions that result from energy consumption could be reduced by up to 40%. Furthermore, he noted that the number of industrial electric motors is expected to double by 2040, underscoring the importance of prioritizing energy-efficient practices.

The webinar provided a platform for industry experts to exchange insights and strategies to overcome challenges in the steel-making sector while promoting sustainable and energy-efficient practices. ABB’s efforts align with its commitment to improving industrial energy efficiency in Egypt and contributing to the achievement of the Sustainable Development Goals (SDGs).