H2 Green Steel joins European CEO Alliance bringing its expertise in hydrogen and carbonless steel


H2 Green Steel joins European CEO Alliance bringing its expertise in hydrogen and carbonless steel

H2 Green Steel has joined a cross-sectoral European CEO alliance bringing its expertise in hydrogen and carbonless steel to further support the EU’s Green Deal and reduce carbon emissions by 55% by 2030.

The alliance issued policy recommendations ahead of the European Commission’s Fit for 55 legislative package, suggesting that close collaboration between public sector and industry is needed to achieve climate neutrality.

The group sees itself as a ‘reservoir of action’ and works together on large-scale, cross-sectoral pan-European projects in a range of different applications – one being the building of green hydrogen value chains that can help l ‘EU to achieve its net zero targets.

With H2 Green Steel joining the alliance, the group is expected to bring its expertise in producing low carbon steel using hydrogen that can help various sectors, including mobility, in building net zero applications. .

Read more: Large-scale green hydrogen plant planned in northern Sweden

Read more: Kingspan invests in H2 Green Steel

The alliance says decarbonising mobility, transport and buildings will be a major challenge in the future.

Electric power and green hydrogen have both been recognized as potential solutions to decarbonize this crucial sector, but infrastructure must be provided to ensure a smooth transition.

The Alliance brings together 12 senior executives from the energy, transport and technology sectors.

These include: Björn Rosengren (ABB), Thierry Vanlancker (AkzoNobel), Francesco Starace (ENEL), Leonhard Birnbaum (E.ON), Börje Ekholm (Ericsson), Henrik Henriksson (H2GreenSteel), Ignacio Galán (Iberdrola) , Frans van Houten (Philips), Christian Klein (SAP), Christian Levin (Scania), Jean-Pascale Tricoire (Schneider Electric) and Herbert Diess (Volkswagen).

Henrik Henriksson, CEO of H2 Green Steel, said: “We are honored to have been invited to be part of this prestigious group of companies, sharing the conviction to support the EU Green Deal.

“We firmly believe that tackling climate change will require a collective effort by all EU Member States. Collaboration between the public sector and industry is essential.

“With our cutting-edge expertise in hydrogen and carbon-free steel production, we can bring the latest knowledge to the table to further enable and accelerate heavy industry’s transition to sustainable operations. “

How the attraction of green steel can make green hydrogen competitive

Following the announcement of the € 2.5 billion H2 Green Steel initiative that will establish the world’s leading large-scale green steel producer, Jacob Ruiter, CEO of EIT InnoEnergy Benelux, explains how he It was vital to change the way the business case for green hydrogen is viewed. to boost the green hydrogen value chain in Europe.

To read the story, click here.

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