9,672.75 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.28 USD USD USD
36.73 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.44 TRY Interest Interest
73.58 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.10 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,616.87 TRY Gold (gr) Gold (gr)

Tata Steel Nederland plans to import hydrogen and export CO2 from Norway

Tata Steel Nederland plans to import zero-emission hydrogen from Norway to be used in steel production. Moreover, it plans to export the CO2 captured during the production process to Norway for storage.

Tata Steel Nederland plans to import hydrogen and export CO2 from Norway

Tata Steel announced that it has signed an agreement with Norwegian manufacturer Gen2 Energy, the Port of Amsterdam, CO2 and hydrogen transport company ECOLOG to explore the import of liquid hydrogen.

Tata Steel and ECOLOG also signed a second agreement with Horisont Energi, the Port of Amsterdam, OCAP, the Norwegian bank DNB, and ABN AMRO to explore the creation of a corridor for the CO2 export process to Norway.

ECOLOG's cold energy released by converting liquid hydrogen into gas in the Port of Amsterdam is to be used to liquefy CO2 at the same location. The CO2 is then transported by ship to Horisont Energi's import terminal in Norway, for storage. This method is reported to create a liquid hydrogen/CO2 corridor where energy is managed efficiently.

Tata Steel Nederland stated that a small amount of CO2 is still being released in steel production, even in new green steel plants, adding that this is only a fraction of the CO2 emitted in coal-based steel production.

The hydrogen to be produced from hydroelectric power in Norway is to be cooled to a liquid form and transported by ECOLOG ships to the Port of Amsterdam. The hydrogen can then be converted into gas via a planned pipeline network and delivered to Tata Steel and other companies.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Indian Steel Ministry proposes to increase customs duty

Thursday, December 26, 2024

ArcelorMittal Kryvyi Rih will end 2024 with a loss due to tariffs and logistics

Thursday, December 26, 2024

East Pipes signs two contracts worth 57 million riyals in Saudi Arabia

Thursday, December 26, 2024

Indonesia plans to restrict nickel production

Thursday, December 26, 2024

China iron ore prices on the rise

Thursday, December 26, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now