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