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Report: ArcelorMittal and Partners Receive €10M for Electrolysis Plant in Bremen
01/04/2022 - According to reports, ArcelorMittal Bremen, swb AG and EWE AG have received a subsidy of more than €10 million to construct a 12-MW electrolysis plant in Bremen, Germany, to produce green hydrogen by means of renewable energy.
The funding, according to Green Car Congress, amounts to about half of the total investment budget.
As part of the Hydrogen for Bremen’s Industrial Transformation (Hybit) project, the electrolysis plant will eventually be scaled up to a capacity of 300 MW.
“We are moving forward on the path of decarbonization in Bremen,” said Reiner Blaschek, chief executive of ArcelorMittal Flachstahl Deutschland.
“The construction of the electrolysis plant marks the starting point for the use of green hydrogen in Bremen steel production and is an important component of transformation. We will use the first hydrogen in the existing plants, in the next stage the use of new production technologies will follow so that we can produce completely climate-neutral steel in Bremen by the mid-2030s. This will require a further expansion of hydrogen capacity.”
ArcelorMittal Flachstahl Deutschland intends to replace its two blast furnaces in Bremen and Eisenhüttenstadt with a direct reduction and electric arc furnace process, a conversation which will lead to savings of more than 5 million tons of CO2 per year.
