Strategic energy management
The Strategic Energy Management (SEM) team within SIMEC is are responsible for delivering low cost energy, at the lowest emissions and within a sustainable risk framework for Liberty Primary Metals and InfraBuild in Australia.
With a dedicated team of energy market specialists, SEM delivers value across the energy spectrum for the GFG Alliance’s assets to deliver best in class energy sourcing, hedging and energy productivity measures that meets today’s needs and GFG’s vision for GREENSTEEL and carbon neutrality by 2030.
As strategic energy managers of the GFG Alliance’s energy needs, SEM manages a complex energy portfolio servicing diverse demands from different assets across Australia. These include steel manufacturing facilities, coal, and iron ore mining. SEM is a direct wholesale market customer within the National Electricity Market and Short Term Trading Market; managing a portfolio of approximately 2.5 TWh/annum of electricity and 8.5 PJ/annum and daily interactions with the market and counterparties.
Since its conception the SEM team have been focussed on becoming a data-centric business, transitioning from a static to a dynamic energy management model. The added visibility of site and market information in near real time has increased the ability to quickly react to market changes, and added significant value and cost savings for LPMA and InfraBuild.
SEM is focussed on:
- Daily market interactions including gas nominations, scheduling, pipeline contract management and settlements for our major steel operations.
- Providing data driven insights using sophisticated data collection and management systems
- Delivering best in class energy sourcing, hedging and energy productivity measures.
- Driving incentives and accountabilities through Energy Leadership throughout the business.