Download the Study "Steel from Solar Energy"

High energy prices accelerate competiteveness of hydrogen in steel production

The political developments of recent months have demonstrated the need for a secure and independent energy supply for Europe. The success of the energy turnaround is linked not only to the increased expansion of renewable energies but also to the accelerated introduction of a green hydrogen economy.

For the second year in a row, green hydrogen was one of the focus topics at Europe's largest energy industry platform, The smarter E Europe. A study on solar steel production will be presented at the Green Hydrogen Forum on May 11, 2022: Jorgo Chatzimarkakis, CEO of Hydrogen Europe, will announce the launch of the "Steel from Solar Energy" study.

The aim of the study is to show under which conditions it is possible to economically produce steel from iron ore using hydrogen from renewable energy sources. Specifically, the study provides evidence that steelmaking from iron ore with hydrogen produced from renewable energy is possible. The study also reveals the challenges that must be expected in the process.

The study is published by Hydrogen Europe and supported by The smarter E Europe.

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Industry Voices
Frauke Thies, Executive Director, smartEn (Smart Energy Europe)

"Prosumers are playing an increasingly important role in the energy transition. By generating, consuming or storing electricity in a self-distributed manner, they ensure a balance between the supply and demand of renewable energies in a smart grid. At EM-Power Europe, the topic will get the attention it deserves."

Industry Voices
Robert Busch, Managing Director Bundesverband Neue Energiewirtschaft

"To drive forward the energy transition, electricity, heat and transport sectors must be coupled. This is the only way to efficiently integrate renewables into the energy system via load shifting, storage and power-to-X technologies. EM-Power Europe will show how sector coupling can be implemented in neighborhoods."

Industry Voices
Hans Korteweg, Geschäftsführer bei COGEN Europe

Cogeneration is evolving into the backbone of a decentralized, integrated energy system where energy will be generated and consumed at a local or distributed level. We support EM-Power Europe as a partner because all stakeholders of a decentralized energy system come together here.

Industry Voices
Jochen Schwill, CEO Next Kraftwerke

"Our virtual power plant connects solar and wind farms, electricity storage systems, Power-to-X installations and more. This allows us to help balance out fluctuations in energy supply and demand. With its focus on smart renewable energy, EM-Power is the perfect platform for us to showcase what we have to offer.”

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