Swedes will spend $ 3 billion on the world’s largest metallurgical plant, powered by hydrogen

H2 Green Steel plans to launch the world’s largest hydrogen-fueled steel plant in 2024.

Swedes will spend $ 3 billion on the worlds largest metallurgical plant running on hydrogen

Over the past year alone, more than 1.86 billion tonnes of steel were produced. In metallurgy, 75% of all energy consumed is coke (specially treated coal) and is estimated to be responsible for 7-8% of carbon dioxide emissions. Therefore, European countries are gradually translating heavy industry to alternative sources.

The H2GS initiative, led by the CEO of the automaker Scania, envisions the construction of a non-polluting metallurgical plant in northern Sweden. The project budget is $ 3 billion.

The plant will receive hydrogen from electrolysis plants powered by renewable energy sources in the Swedish region of Boden-Luleå.

Swedes will spend $ 3 billion on the world's largest metallurgical plant, powered by hydrogen

The first casting is scheduled for 2024, and by 2030 the plant should reach an annual capacity of 5 million tons of high-quality metal. The enterprise will produce hot-, cold-rolled and galvanized steel coils, which will be used in the automotive industry, transport system, construction industry, as well as for the manufacture of household appliances..

A pilot plant for the production of steel HYBRIT, which runs exclusively on hydrogen fuel, has already been operating in the northern country since last year..

text: Ilya Bauer, photo: Kommersant

Swedes will spend $ 3 billion on the world's largest metallurgical plant, powered by hydrogen

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