Green hydrogen-based steel production: hype and reality
Wind, solar and nuclear capacity will need to grow by the factor of 6 to enable green hydrogen production at a level that is sufficient for a decarbonization of CO2-intense industrial processes
Investments required to make European steel production carbon-neutral may reach up to EUR 100 bn1 (for Europe alone)
Steel produced by green hydrogen may reach cost-competitiveness after 2030, depending on various factors including CO2 price regulation