bp and thyssenkrupp Steel have signed an MoU focused on the development of long-term supply of low carbon hydrogen and renewable power in steel production.
The companies will explore supply options for both blue and green hydrogen, as well as power from wind and solar generation through the use of power purchase agreements.
thyssenkrupp Steel accounts for 2.5% of CO2 emissions in Germany, mainly at the Duisburg site where the main emitters, the blast furnaces, are operated.
By replacing the coal-fired blast furnaces with direct reduction plants where iron ore is reduced with low-carbon hydrogen, thyssenkrupp Steel intends to make steel production climate-neutral in the long term.William Lin, bp’s executive vice president regions, cities and solutions said the steel and energy industries have long been closely linked.
“We provide fuel and feedstock for steel production while our…
bp and thyssenkrupp plan green hydrogen steel supplies
