EU GREEN STEELMAKING: Hybrit to build hydrogen storage facility

Hybrit, the joint venture involving Swedish steelmaker SSAB, iron-ore producer LKAB and power company Vattenfall, will build a hydrogen storage facility as part of its plans for fossil-free steel production, it announced on Wednesday April 7.

Hybrit will build a rock cavern storage facility for fossil-free hydrogen gas next to its pilot facility for direct reduction in Luleå, Sweden.
The investment cost of more than 250 million Swedish Krona ($29 million) will be divided across the companies and the Swedish Energy Agency, which provides support via Industriklivet, the government initiative to promote Sweden’s transition to becoming fossil-free by 2045.

The joint venture plans to use hydrogen to replace coal and coke for fossil-free iron and...

Published

Carrie Bone

April 08, 2021

17:56 GMT

London