Steag would operate the plant
Investors eye Thyssenkrupp’s green hydrogen project
German conglomerate also conducts tests to substitute hydrogen for coal at Duisberg steel plant
Various funds have expressed interest in investing in steel manufacturer Thyssenkrupp’s green hydrogen initiative, which will eventually enable the company to manufacture low-carbon steel, senior executives tell Transition Economist. Thyssenkrupp is conducting a feasibility study along with utility Steag to build an electrolysis plant at the energy firm’s Duisburg-Walsum facility. Steag would operate the plant, which will produce and supply green hydrogen to Thyssenkrupp’s nearby steel mill. “There's no alternative to decarbonise the steel industry” Zschocke, ThyssenKruppUhde Chlorine Engineers Thyssenkrupp Uhde Chlorine Engineers, Thyssenkrupp Steel and Steag will invest in
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
