Bottlenecks exist in the supply of equipment to create the green fuel, with further uncertainty over its cost
email rounding up the latestHydrogen’s role in the decarbonisation of heavy industries is about to be put to the test.
The company is already a pioneer in using “green” hydrogen — where renewable energy is used to split water into hydrogen and oxygen —As part of a consortium that also includes Swedish metals manufacturer SSAB and iron-ore miner LKAB, it has deployed hydropower from the country’s reservoir system to create hydrogen through electrolysis. This can then be used as a chemical reductant to strip oxygen out of iron ore, to produce high-grade steel.
ArcelorMittal says its ambition is to ensure future investments are “hydrogen ready” so that, as and when supplies of hydrogen become available, it can switch from natural gas to help it meet decarbonisation targets.
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