Severstal has revealed a new investment in Ekona Power that will enable the company to accelerate production of its low-carbon hydrogen production technology and integrate it into the steel industry.
With the investment, it is hoped that the hydrogen production technology can be integrated into the steel manufacturing industry to decarbonise its operations on a day-to-day basis.
Ekona power has created a novel methane pyrolysis technology platform that can be utilised to produce low-cost clean hydrogen also known as turquoise hydrogen.
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