Thyssenkrupp headquarters in Essen, Germany
Steag and Thyssenkrupp advance electrolyser plans for steel site
Firms will take FID by 2023 at the latest with delivery of the fuels expected by 2025
German utility Steag and steel firm Thyssenkrupp have signed an initial deal for the delivery of hydrogen and oxygen to a Thyssenkrupp plant in Duisburg from a neighbouring Steag site in Duisburg-Walsum. The deal follows a feasibility study for a €500mn ($552mn) electrolysis plant with a capacity of 520MW. The firms will take FID by 2023 at the latest, with delivery of the fuels expected by 2025. Power for the facility will be generated exclusively from renewable sources. Thyssenkrupp will then put a direct reduction facility into operation at its existing site in Duisburg, connected to the electrolyser by two 2km pipelines. This will enable iron to be produced with almost zero emissions usi
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