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A Swedish company is hopeful of producing fossil free steel by 2025
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SMS group will provide its expertise in supplying and commissioning steel plants with significantly lower CO2 emissions
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They intend to explore cutting-edge solutions and research and development projects to cut emissions in JSW’s iron and steelmaking operations in India
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The latest solicitation sets a minimum US iron and steel purchase requirement for all projects to encourage domestic steel production
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They will explore supply solutions for both blue and green hydrogen, as well as electricity form solar and wind farms through the use of power purchase agreements
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They intend to develop, build and operate the facilities and drive forward the production of carbon-neutral steel, with plans to replace coal with the greener alternatives as the main source of energy in steel production
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The steel manufacturer says the deal will support its efforts to shrink its climate footprint even further
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Hydrogen technologies will be at the heart of the drive to offer ‘carbon-neutral’ steel production, that could reach 120,000 tonnes in 2021
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