'Rock cavern' storage promises to almost halve the cost of hydrogen for fossil-free steel production

Stuart Stone
clock • 3 min read
Credit: Vattenfall
Image:

Credit: Vattenfall

Fossil-free steel pilot from SSAB, LKAB, and Vattenfall finds that 'lined rock cavern' hydrogen storage cuts gas production costs by up to 40 per cent

A Swedish pilot project has found that adding hydrogen storage capacity to the green gas' production process could cut costs by between 25 and 40 per cent. Launched in 2016 as a collaboration between...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'There is still no plan': Does the UK risk repeating previous 'just transition' failures in the North Sea?

'There is still no plan': Does the UK risk repeating previous 'just transition' failures in the North Sea?

Scotland's Just Transition Commission calls for urgent action from policymakers and North Sea industries to ensure a smooth and fair transition for oil and gas workers as the switch to net zero technologies accelerates

Michael Holder
clock 23 May 2025 • 7 min read
SSE trims clean energy investment in response to planning and policy delays

SSE trims clean energy investment in response to planning and policy delays

Capital spending plans through to 2027 cut by £3bn due to planning delays and economic factors, but energy giant reiterates commitment to clean energy transition

James Murray
clock 22 May 2025 • 4 min read
'Tenant Power': New Octopus Energy tariff to save social housing tenants up to £200 a year

'Tenant Power': New Octopus Energy tariff to save social housing tenants up to £200 a year

UK's biggest energy supplier launches tariff to curb bills for social housing tenants and incentivise landlords to invest in green upgrades

Stuart Stone
clock 20 May 2025 • 3 min read