Voestalpine AG Expands H2FUTURE Hydrogen Project for Green Steel Production
Key Ideas
- Voestalpine AG partners with Verbund to invest €16.4 million in expanding the H2FUTURE hydrogen pilot project for green steel production.
- The project, located in Linz, Austria, involves the installation of a compression and purification plant and five hydrogen storage tanks to produce 1,200 cubic meters of green hydrogen per hour.
- The initiative supports Voestalpine's goal of achieving net-zero emissions by 2050 and is part of their transition to low-carbon steel production under the greentec steel brand.
- By 2030, Voestalpine plans to replace blast furnaces with electric arc furnaces, significantly reducing carbon emissions from primary steelmaking processes.
Austrian steelmaker Voestalpine AG, in collaboration with domestic electricity provider Verbund, is investing €16.4 million to expand its H2FUTURE hydrogen pilot project at the Linz site. The project, initiated in 2019, features a PEM electrolysis plant capable of producing 1,200 cubic meters of green hydrogen per hour. The expansion includes the installation of a compression and purification plant and five hydrogen storage tanks, with completion scheduled by December 2029. This endeavor aligns with Voestalpine's commitment to achieving net-zero emissions by 2050. The H2FUTURE project is integral to Voestalpine's greentec steel brand, facilitating the transition to low-carbon steel production. By 2030, the company plans to replace blast furnaces with electric arc furnaces at key locations, aiming to significantly reduce carbon emissions in steelmaking. This strategic initiative underscores Voestalpine's dedication to sustainability and green technology in the steel industry.
Topics
Installation
Sustainability
Green Technology
Carbon Reduction
Decarbonization
Steel Production
Energy Partnership
Latest News