Abstract: A control system for and method of controlling a vertical position of at least one electrode of an arc furnace, where the arc furnace comprises a furnace transformer having a primary, input side and a secondary, output side which is electrically connected to the at least one electrode, the control system comprising: at least one current-measuring device for measuring a current as drawn by the arc furnace; a voltage-measuring device for measuring a voltage as applied across the arc furnace; and a control unit for dynamically determining a setpoint for the vertical position of the at least one electrode based on the measured values of current and voltage, and providing an actuating output for driving a lifting arrangement to adjust the vertical position of the at least one electrode so as to follow the dynamically-determined setpoint.