Swedish Hybrit hydrogen-for-steel project cuts costs 40% with storage
October 17, 2023 Comments Off
Swedish green hydrogen-for-steel project Hybrit has reduced hydrogen production costs by up to 40% using flexible storage to tap into low-cost grid power, while maintaining a steady hydrogen supply to end users. The Hybrit collaboration between steelmaker SSAB, iron ore miner LKAB and power company Vattenfall tested hydrogen storage commercially on the electricity market for a month, cutting hydrogen production…
Swedish Hybrit hydrogen-for-steel project cuts costs 40% with storage
Swedish green hydrogen-for-steel project Hybrit has reduced hydrogen production costs by up to 40% using flexible storage to tap into low-cost grid power, while maintaining a steady hydrogen supply to end users. The Hybrit collaboration between steelmaker SSAB, iron ore miner LKAB and power company Vattenfall tested hydrogen storage commercially on the electricity market for a month, cutting hydrogen production…
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