H2 Green Steel has received support from leading European financial institutions for its €3.5bn debt financing which will help finance the construction of its hydrogen-powered green steel plant in Northern Sweden.
H2 Green Steel has selected German-based SMS group to supply process technology for its hydrogen-based green steel plant in Boden, Northern Sweden, it revealed today (October 17).
Hydrogen will only supply 5% of global energy demand in 2050, a third of the level required to meet Net Zero, a report by independent energy expert, DNV has predicted.
In pursuit of establishing green steel production capabilities, HYRBIT has said its test results have proved that the direct reduction of iron ore using hydrogen, offers a ‘superior product’.
A precis of the May 2022 techno-economic assessment of green steel manufacturing from Hydrogen Europe and The smarter E Europe, by Rob Cockerill.
What are the hard-to-abate sectors, and how can we abate them? Rob Cockerill explores the ‘killer’ industrial applications that hydrogen can decarbonise and edge us nearer to the end of fossil fuels.
Rob Cockerill asks, are we finally accelerating away from the trappings of oil and gas in industrials and economies?
On Thursday (June 30), a consortium with its sights set on leading the market for green iron and steel from hydrogen was announced, with plans to mobilise €2.2bn ($2.3bn) of investment.
The North West Hydrogen Alliance (NWHA) in the UK has welcomed glass-maker Pilkington as the newest member to its ranks.
End-of-life magnets will be recycled using hydrogen as a means to support a green circular economy and decarbonise the overall process.
