Thyssenkrupp CEO: Green steel plant at risk without reliable hydrogen supply
“Under the current conditions, there is no guarantee that we will be able to operate the plant economically in the foreseeable future,” Miguel Lopez said.
“Under the current conditions, there is no guarantee that we will be able to operate the plant economically in the foreseeable future,” Miguel Lopez said.
China’s Hygreen and Guofu has been chosen alongside Spanish firm Joletech Solutions to share in a $25.6m funding package aimed at establishing three new electrolyser manufacturing facilities.
HyIron’s Oshivela plant is set to begin producing green hydrogen-based direct reduced iron (DRI) within the next month, targeting an initial output of 15,000 tonnes per year.
Eight companies, including AM Green, Waaree and Reliance secured Bucket 1 awards, while Matrix Gas and Renewables was the sole Bucket 2 recipient.
Last month, the government rejected Stanwell Corporation’s AUD $1bn funding request for the green hydrogen project. Now, key partner and potential offtaker, Iwatani, has reportedly walked away.
The plan outlines measures to protect EU steelmakers from cheap imports by accelerating grid access and prioritising clean tech investments, as well as curbing imported volumes by up to 15%.
Elyse Energy’s BioTJet project will use clean hydrogen and thyssenkrupp Uhde’s BioTfueL technology to convert wood waste into SAF.
CEO Huard highlighted a disconnect between policy and practice, noting that despite Macron’s strong e-SAF commitment at Le Bourget, hesitation remains over its development in France.
Beneficiaries of the Czech support will include producers of electrolysers, carbon capture, usage and storage (CCUS) systems, and wind turbines.
Backed by the €300bn Global Gateway Programme, the hydrogen production unit will supply clean hydrogen for processing iron ore into hot briquetted iron (HBI) at the Vale-GEP Mega Hub.
