ENERGY TRANSITION

WHAT IF GREEN HYDROGEN DID NOT COST 6 €/KG BUT 1 €/KG?

Hydrogen as a reducing agent in steel production could massively reduce CO2 emissions.

The steel industry accounts for between 7% to 9% of global emissions. Coke is used in the blast furnace to reduce iron ore, which results in around 1.4 tons of CO2 emissions being generated per ton of crude steel.

Hydrogen could be used as an alternative reducing agent to fossil fuels for iron ore. Not only would this reduce CO2 emissions from steel production, but it would also have a significant impact on total global emissions. For this switch to occur, it needs to be economical and hydrogen would need to cost less than 1 €/kg.

For green hydrogen to be offered on the market for 1 €/kg*, CAPEX and OPEX costs to produce green hydrogen from electrolysis must be massively reduced. Our AEM-Technology is intended to lower investment and operating costs for electrolyzers, thus reducing the production costs for green hydrogen.

Advanced membrane technology for green hydrogen production.

* Source: Hydrogen Council 2020