thyssenkrupp nucera to supply tech for H2 Green Steel’s electrolysis plant
Swedish industrial startup H2 Green Steel has signed an agreement with German firm thyssenkrupp nucera to develop the former’s electrolysis plant in Boden, said to be one of the largest electrolysis plants in the world to date.
thyssenkrupp nucera will contribute its expertise in large-scale electrolysis plant engineering and alkaline water electrolysis technology (AWE), supplying more than 30 of its electrolysers, which will deliver 700MW capacity to the Boden plant. The German company has participated in over 600 projects, offering more than 10GW capacity to them.
H2 Green Steel chief technology officer Maria Persson Gulda said the recent agreement would give her company a “solid edge” in the thriving green hydrogen industry. Gulda also hinted that the steel plant in Boden was “only the beginning” for H2 Green Steel.
thyssenkrupp nucera CEO Werner Ponikwar said the agreement with H2 Green Steel showed a change in market dynamics. He explained that the production capacity of electrolyser technology was pivotal in ensuring quick time-to-market.
“With this bold investment, H2 Green Steel has shown a strong commitment to their timeline to decarbonize the steel industry and we look forward to working with them,” said Ponikwar.
The electrolyser deliveries from thyssenkrupp nucera will begin later this year, with H2 Green Steel saying it was the startup’s first announced supplier deal. H2 Green Steel aims for a total capacity of 800MW for the new plant.
Hydrogen tech’s rising popularity
The deal came amid the rising popularity of hydrogen technology as an alternative to decarbonise emission-heavy industrial production techniques.
H2 Green Steel’s new giga-scale plant will use complementary technologies to support green hydrogen production, partnering with other industry leaders. The Stockholm-based startup claims combining the technologies will optimise output, improve operational flow and lower costs.
Hydrogen produced by the startup’s plant will power a direct reduction process for green steel manufacturing. According to the company, the plant will begin production by the end of 2025.
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