'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

Study: Plummeting clean tech costs mean 'the old trade-off between climate and development is over'

Study: Plummeting clean tech costs mean 'the old trade-off between climate and development is over'

As oil prices rise, report shows how climate vulnerable countries are moving quickly to deploy solar technologies and embrace electrification

clock 02 April 2026 • 3 min read
Study identifies 4.7 million homes in 'energy crisis hotspots' across England

Study identifies 4.7 million homes in 'energy crisis hotspots' across England

Mapping from Friends of the Earth reveals 6,515 neighbourhoods most exposed to the impact of energy price spikes in the wake of the Iran War

clock 02 April 2026 • 5 min read
TotalEnergies and Masdar form $2.2bn joint venture to accelerate renewables growth in Asia

TotalEnergies and Masdar form $2.2bn joint venture to accelerate renewables growth in Asia

Companies to merge onshore renewable energy activities in nine countries across Asia

clock 02 April 2026 • 2 min read