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Green steel to boost Europe’s industrial decarbonisation

European steel and metals Industry is at a crossroads.

Steel remains one of the most carbon-intensive industries, responsible for 5% of the EU’s total emissions. Yet, the sector is under immense pressure from many challenges, such as high energy costs, global overcapacity, protectionist trade measures, and aging plants.

Once the backbone of Europe’s industrial strength, the steel and metals industry must reinvent itself or risk falling behind.

In response, the EU Commission has released the Action Plan on Steel and Metals, aiming to boost competitiveness and drive decarbonization.

Across Europe, many near zero-emission steel projects are advancing, replacing coal firing blast furnaces with DRI plants and EAFs. With DRI relying on hydrogen, the projected demand for H2 in Europe is expected to reach 2.12 million tons per year to support these initiatives.

The transformation of European steel is underway—now is the time to accelerate the change.

Here are some publications that may interest you

South Korea Selects a Bidder in the First Clean Hydrogen Power Auction

South Korea announced the result of its first power auction focused on clean hydrogen and ammonia under the Clean Hydrogen…

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Green Ammonia for co-firing in power plants; A promising use case to decarbonise power generation

Thermal generation is the largest source of power and heat today with around 60% of the energy mix dominated by…

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H2Global Auction Round 2 Announced
H2Global Auction Round 2 Announced

Last week, HINT.CO GmbH, the auction organizer and subsidiary of the H2Global Foundation, released the draft documents for the second…

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Green molecules or Green Electrons: Is producing green H2 and transporting via H2 pipelines across intercontinental distances (<5000 km) the best option?

Due to long distances between hydrogen production hubs (low-carbon energy resources) and demand centers (industrial hubs), there is an urgency…

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EU Renewable Hydrogen Tear sheets

2023 has been a pivotal year for renewable hydrogen in the EU with the definition of "renewable hydrogen" (RFNBO), adoption…

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The first EU Hydrogen Bank auction awarded € 720mn in subsidies last week

The first EU Hydrogen Bank auction awarded €720 million in subsidies last week to produce 1.58 million tons over the…

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