Our strategy is to invest in co-generation systems that capture and convert into electrical power the waste heat and gases from the steelmaking operations of our sister company, Lake Erie Works. We are also exploring the feasibility of wind power farms, which could be situated on extensive land holdings owned within the U. S. Steel Canada group in the Nanticoke region, one of the best locations for wind power generation in Ontario.

Achieving our target of creating up to 100MW of electrical generating capacity by 2010 will help drive reductions in greenhouse gas and other environmental emissions at Lake Erie Works, reduce its reliance on the provincial electricity grid, and improve its cost-competitiveness. As our energy business grows, Lake Erie Energy will pursue new revenue opportunities to sell electrical capacity into the provincial grid or potentially redirect it – via district energy systems – to serve other industrial customers with facilities near our generation facilities.