EU GREEN STEELMAKING: Ovako partners with industry on hydrogen initiative

Swedish special steel producer Ovako is to collaborate with carmaker Volvo Group, Hitachi ABB Power Grids, H2 Green Steel and Nel Hydrogen to invest in hydrogen production at Hofors in Sweden, it has been announced.

The project will look to enable climate-neutral steel production and to build hydrogen-powered heavy vehicles. It is building Sweden’s largest fossil-fuel-free hydrogen facility, it said, with the goals of greatly reducing CO2 emissions, developing local industrial hydrogen production, and taking the first steps toward a hydrogen infrastructure for the transport sector.
The new hydrogen plant in Hofors will make Ovako the first steelmaker in the world to heat steel with hydrogen prior to rolling, it claimed. An investment of 180 million Swedish krona ($21 million) was supported by the Swedish Energy Agency.

“We see this investment in hydrogen at Ovako as a strategically important effort in the transition to a more fossil-fuel-free society,” Klara Helstad, head of the...

Published

Carrie Bone

June 23, 2021

18:15 GMT

London