Home > Steel News > Latest Steel News > Thyssenkrupp...

Thyssenkrupp CEO: Germany needs to extend hydrogen network in Europe

Thursday, 04 January 2024 15:51:14 (GMT+3)   |   Istanbul

Thyssenkrupp CEO Miguel López has told a local German newspaper that the construction of new hydrogen pipelines from southern Europe to Germany and the extension of the hydrogen network have a strategic importance in order to meet Germany’s growing demand for hydrogen.

According to Mr. López, Germany needs to create connections with countries like Spain, Portugal and Morocco to secure hydrogen supply, of which local steelmakers will be in desperate need while transitioning to low-emission production. Thyssenkrupp also needs a way to connect its Duisburg green steel plant, which is under construction, to the hydrogen core network that was proposed by Robert Habeck, German federal minister of economics.

“We need pipelines from the west and south of Europe. Otherwise, it will be difficult to cover the huge demand for hydrogen in Germany. The hydrogen needs of our new DRI plant are enormous,” López stated.

The company’s green steel plant in Duisburg can also be powered by natural gas. However, should Thyssenkrupp use natural gas more than hydrogen, it would lose most of its state-funding privileges since state funding requires the company to use a certain amount of hydrogen in order to be eligible. López emphasized that it is significant to expand the hydrogen network, adding that the infrastructure has to be ready for promoting the hydrogen economy in Germany.

Thyssenkrupp is also in search of global energy partners, especially in the Iberian Peninsula, the Arabian Peninsula, and the southern United States, in order to advance hydrogen practices.


Similar articles

Thyssenkrupp Electrical Steel halts production amid surge in low-priced ex-China imports

17 Oct | Steel News

Thyssenkrupp Steel calls for effective trade protection against cheap imports

01 Sep | Steel News

Thyssenkrupp Steel launches intelligent scheduling system

22 Aug | Steel News

Germany approves carbon storage law to secure climate neutrality and industry

21 Aug | Steel News

Thyssenkrupp’s net loss deepens to €255 million in Q3 amid weak steel demand

15 Aug | Steel News

Thyssenkrupp modernizes cold rolling mill automation with SMS Group

24 Jul | Steel News

Thyssenkrupp Steel and IG Metall ink restructuring deal to ensure long-term competitiveness

16 Jul | Steel News

Thyssenkrupp upgrades walking beam furnace to cut emissions and enable hydrogen use

11 Jul | Steel News

Thyssenkrupp launches new high-strength steel production facilities

07 Jul | Steel News

Thyssenkrupp awards Primetals contract for Duisburg mill modernization

17 Jun | Steel News