European steel makers are leading the way in building the first green steel production plants. The big step forward is the securing of finance from a range of private and public banks and credit guarantors, says Soroush Basirat at IEEFA. Swedish start-up H2 Green Steel and industry leaders Thyssenkrupp and Salzgitter are now set to spend billions, while pre-sales to and commitments from BMW, Miele, Mercedes and Ford are helping to create the … [Read more...]
Green Hydrogen is ready to scale this decade
### Todayâs article flags up a fascinating panel discussion on the book âTouching Hydrogen Futureâ, as part of the European Hydrogen Week taking place from 24-28 October 2022. This webinar, on Friday Oct 28 at 10:00 CEST, will be blue-sky thinking about the future of the hydrogen economy. Global in scope, it will dive into how a hydrogen-powered future might look in the Netherlands, Sweden, Ukraine, Romania and Morocco. REGISTER HERE ### Can … [Read more...]
The Green Hydrogen disruption: what nations, firms and investors are doing to reshape global energy
Everyone knows the new hydrogen economy has huge up front capital costs to make the green H2 (called GH2), the logistical challenges of delivering it where itâs needed, and creating the customer base to consume it. But Tim Buckley at IEEFA believes the policy support is already shaping up to make GH2 a successful disruptor of the global energy system. He runs through the nations, companies and investors at the beginning of the learning curve that … [Read more...]
Green Hydrogen: reducing the cost needs scaling up of electrolyser plants
More and more nations are committing to the promise of hydrogen. That promise cannot be kept unless costs come down. A report from IRENA, âGreen Hydrogen Cost Reduction: Scaling up Electrolysers to Meet the 1.5â°C Climate Goalâ, breaks down what needs to be done. Two of its authors, Herib Blanco and Emanuele Taibi, summarise the study and point at the more than 20 countries (and companies like Thyssenkrupp, NEL and ITM) committing to doing it. The … [Read more...]
Worldâs biggest Steel manufacturers are committing to Hydrogen and CCS
The worldâs leading steel makers have announced pledges to reduce emissions, aiming for net-zero by 2050 or sooner. They are committing to various new technologies still not proven at scale: making steel with hydrogen, and some with strategies that include carbon capture. They are putting their money where their mouth is. The list is impressive and includes ArcelorMittal (the world #1), ThyssenKrupp, Voestalpine, SSAB/LKAB/Vattenfall, Nippon … [Read more...]
Germanyâs drive to decarbonise its prized heavy industry: an overview
Sören Amelang at Clean Energy Wire runs through their collection of factsheets, analyses, reports and interviews that have tracked German industryâs attempts to grapple with decarbonisation. The very high energy intensity required by industries like steel, chemicals and cement makes a simple switch to clean electricity â short of a total redesign of processes â impossible. But Germany wants to maintain, even extend, its world leadership in … [Read more...]
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