ArcelorMittal Germany’s CEO Mr Reiner Blaschek has welcomed the European Commission's approval of EUR 55 million for for the construction of a demonstration plant in Hamburg. Mr Blaschek said “Decarbonisation of steel production is one of the most important cornerstones for achieving Europe's climate targets. The approval of the European Commission gives us the opportunity to plan steps in Germany, which we will now carefully consider. This is an essential prerequisite, to advance the conversion of our plants in Germany and to demonstrate the use of 100% hydrogen."The funding commitment relates to the construction of a demonstration plant in Hamburg with hydrogen and is not to be produced with natural gas as before. In this direct reduction plant, directly reduced iron produced as a precursor for subsequent steel production. By converting the entire Production at the site, 700,000 tonnes of CO2 per year are to be saved in the future. ArcelorMittal Hamburg CEO Dr Uwe Braun added “The new technologies make it possible to replace fossil fuels with renewable energies. In order to convert production to climate-neutral steel production, the development of a hydrogen infrastructure is essential. It is now just as necessary as the expansion of renewable energy production at competitive prices.”
ArcelorMittal Germany’s CEO Mr Reiner Blaschek has welcomed the European Commission's approval of EUR 55 million for for the construction of a demonstration plant in Hamburg. Mr Blaschek said “Decarbonisation of steel production is one of the most important cornerstones for achieving Europe's climate targets. The approval of the European Commission gives us the opportunity to plan steps in Germany, which we will now carefully consider. This is an essential prerequisite, to advance the conversion of our plants in Germany and to demonstrate the use of 100% hydrogen."The funding commitment relates to the construction of a demonstration plant in Hamburg with hydrogen and is not to be produced with natural gas as before. In this direct reduction plant, directly reduced iron produced as a precursor for subsequent steel production. By converting the entire Production at the site, 700,000 tonnes of CO2 per year are to be saved in the future. ArcelorMittal Hamburg CEO Dr Uwe Braun added “The new technologies make it possible to replace fossil fuels with renewable energies. In order to convert production to climate-neutral steel production, the development of a hydrogen infrastructure is essential. It is now just as necessary as the expansion of renewable energy production at competitive prices.”
