Renewables underpin 'green steel’ facility in Sweden
Renewable energy is set to provide energy and hydrogen to a steel plant in Sweden that aims to decarbonise the steel industry.
The H2 Green Steel project follows a demand for fossil-free steel, with the global steel industry currently representing around seven per cent of global CO2 emissions.
The plant will use renewables to provide electricity for steel making processes and for an electrolysis facility that will produce hydrogen to replace natural gas in the steel making process.
Hydrogen-based steel making heading to France
Set to be located in the Boden-Luleå region of northern Sweden, H2 Green Steel (H2GS) will begin production in 2024 and by 2030 will have annual production capacity of five million tons of steel, the company announced. The initiative is expected to create 1,500 jobs in the Norrbotten region.
H2GS will be led by Henrik Henriksson, currently CEO of Scania, and has taken inspiration from the HYBRIT project and its founders SSAB, LKAB and Vattenfall. H2GS said it looks forward to a close collaboration with the founders, sharing the vision to position Sweden at the ‘forefront of fossil-free steel production’.
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