H2 Green Steel and water electrolysis specialist thyssenkrupp nucera have signed an agreement for the construction and supply of one of the world’s largest electrolysis plants to date.
The partnership will cover alkaline water electrolysis technology (AWE) and large-scale electrolysis plant engineering, with thyssenkrupp nucera being chosen due to its proven track record with more than 600 installed projects and over 10 GW capacity in the chlor-alkali technology.
''With this bold investment, H2 Green Steel has shown a strong commitment to their timeline to decarbonize the steel industry...''
Dr. Werner Ponikwar, CEO of thyssenkrupp nucera AG & Co. KGaA
“This electrolyzer agreement indicates a change in market dynamics and is also a proof of our new business model for reservation of production capacity. For customers where time-to-market is critical, ensuring access to production capacity of leading electrolyzer technology becomes essential. With this bold investment, H2 Green Steel has shown a strong commitment to their timeline to decarbonize the steel industry and we look forward to working with them,” said Dr. Werner Ponikwar, CEO of thyssenkrupp nucera AG & Co. KGaA.
Through this collaboration, thyssenkrupp nucera will deliver capacity of more than 700MW to the electrolysis plant, which is based on a concept where H2 Green Steel will use several complementing technologies for green hydrogen production, enabling balancing of the system for cost- optimization and operational flow as each technology’s core benefits can be harvested. To build it, H2 Green steel is teaming up with different world-leading partners and expertise in design, construction, equipment, operations and financing.
''The electrolysis plant in Boden will be many times bigger than most electrolyzer installations that exist today.''
Maria Persson Gulda, chief technology officer H2 Green Steel
“The electrolysis plant in Boden will be many times bigger than most electrolyzer installations that exist today. Combining our own strong technical expertise with that of an experienced electrolysis supplier like thyssenkrupp nucera gives us a solid edge in the growing green hydrogen economy, which we will leverage to transform hard to abate industries. We start with steel in Boden, Sweden, but it’s only the beginning,” said Maria Persson Gulda, chief technology officer H2 Green Steel.