Energy Transition

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Harald Mix at a press conference stepping down as Stegra chairman, with the Boden steel plant in the background, amid financial challenges.
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Harald Mix steps down as Stegra chairman

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Steel company Stegra, building a fossil-free steel plant in Boden, announced on October 20, 2025, that founder Harald Mix is stepping down as board chairman. Mix remains a board member while Shaun Kingsbury takes over the role. The news comes amid a financial crisis where the company needs 10 billion kronor in new capital.

In last Friday's media briefing, two energy experts stressed the need for phased approaches and quick wins to realize the 100 GW solar program targeted for completion before 2029.

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A survey reveals 2,864 active processes at the National Mining Agency, with the highest concentration in Bahia.

Following the climate decision, Hamburg's industry must accelerate its switch to green hydrogen. The construction of an electrolyzer in Moorburg illustrates the hurdles involved. Near the demolished coal power plant, a symbol of the energy transition is emerging.

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Preliminary proceedings of the APEC CEO Summit began Tuesday in Gyeongju, South Korea. Around 1,700 participants from across the globe are engaging in discussions on artificial intelligence and energy transition, among other topics. The Korea Chamber of Commerce and Industry hosted a welcome reception for global business leaders.

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