We must re-think the decarbonisation investment paradigm. It is not the ‘greenest’ projects that will get large-scale investment, only the ‘best’ projects will be bankable, writes Stephen B. Harrison of sbh4 consulting.
Scandinavian Steel AB will begin distributing GreenIron’s hydrogen-based iron exclusively across Nordic and European markets under a new collaboration agreement.
Australia’s national science agency CSIRO has successfully trialled its tubular solid oxide electrolysis (SOEC) hydrogen production technology at a New South Wales (NSW) steelworks.
Blastr Green Steel will potentially supply 150,000 tonnes of green steel per year from 2029 into Interfer Edelstahl Group’s portfolio of steel products.
Amazon has agreed to purchase green hydrogen-based steel from SSAB for one of the three new data centres it is building in Mälardalen, Sweden.
Norwegian aluminium producer Hydro has announced plans to cancel its green hydrogen business, citing challenging market conditions, although it will continue to back a hydrogen-fuelled smelting pilot project.
Swedish green steelmaker Stegra has signed a six-year electricity supply agreement with Uniper for a total of 6TWh to power its inaugural green hydrogen-based steel plant.
Aditya Mittal, Chief Executive of Arcelor Mittal, said the firm was “very grateful” for the government support it had received, but added, “The scale of the challenge requires further policy initiatives to unlock increased investment.”
ArcelorMittal Poland will build a hydrogen production plant for its Kraków branch, which stopped using coal for coke production in July.
Mining major Rio Tinto will supply iron ore pellets from Canada to a hydrogen-based ironmaking project in France.
