ArcelorMittal chooses Energiency’s artificial intelligence to save energy in steel coils processing
9 September 2019 - ArcelorMittal, the world’s leading steel and mining company, and Energiency, an innovative data analytics technology company based in France, have signed a three-year contract with the aim of achieving at least a 5% energy savings per year in ArcelorMittal’s Geel plant in Belgium. Future roll-outs are planned at other ArcelorMittal sites.
Already successfully tested in Luxembourg by another plant of the Group, Energiency’s software platform assesses the industrial company’s energy performance in real time using artificial intelligence algorithms. This Industry 4.0 technology is perfectly in line with ArcelorMittal’s strategy of digital transformation. With this proof of concept, ArcelorMittal will benefit through energy savings and automate the control of its energy consumption over time.
Amit Kumar, Chief Operating Officer, SSC West Europe at ArcelorMittal Downstream Solutions: “We are committed to positively contribute to climate actions ongoing to preserve our natural heritage. One step in this direction is to reduce our energy consumption for each tonne of steel we process. With the help of the Frame Agreement developed by the European Procurement Organisation with Energiency, we will be able to better monitor our consumption on real time basis and take necessary steps to reduce any waste of energy.”
Arnaud Legrand, Chief Executive Officer and founder of Energiency: «ArcelorMittal is a leading industrial company that is keen to use Industry 4.0 technologies to continuously improve its environmental impact and competitiveness. We are very proud that a world leader has chosen our innovation to help it go even further towards energy excellence.»