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How industry collaboration can kickstart green hydrogen euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.
120 views ENP Newswire Vattenfall has got off to a good start in 2021 with positive earnings performance, the report for the first quarter shows. Vattenfall s President and CEO Anna Borg comments on the interim report for the first three months 2021: Operation of our large-scale power generation was stable, and growth and development projects in district heating and wind power reached new milestones. The electricity market has recovered from last year s record-low price levels. We are however seeing continued challenges for transmission of electricity between countries and price areas. Higher electricity prices but continued transmission bottlenecks The cold weather early in the year contributed to high electricity prices. Rising costs for CO2 emission allowances and fuel drove electricity prices up further on the Continent, but without any major impact in the Nordic countries. In fact, we had record-large differences between the Nordic and German futures mark ....
4 minute read A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic, April 1, 2016. REUTERS/David W Cerny ArcelorMittal (MT.LU), the world s top steelmaker, and Swedish utility Vattenfall (VATN.UL) have teamed up with Shell (RDSa.L), Airbus (AIR.PA) and other heavyweights to cut emissions in industrial processes by using hydrogen, two executives said. One focus of the 12-member consortium, which also includes Japan s Mitsubishi Heavy Industries (7011.T) and logistics group Hamburger Hafen und Logistik (HHFGn.DE), will be the production of carbon-neutral steel in the port city of Hamburg, they said. Within the Hamburg hydrogen co-operation, we will be able to save one million tonnes of carbon dioxide (CO2) annually (up to 2030), said Uwe Braun, who heads ArcelorMittals s business in Germany s second-largest city. ....
ArcelorMittal, the world's top steelmaker, and Swedish utility Vattenfall have teamed up with Shell, Airbus and other heavyweights to cut emissions in industrial processes by using hydrogen, two executives said. One focus of the 12-member consortium, which also includes Japan's Mitsubishi Heavy Industries and logistics group Hamburger Hafen und Logistik, will be the production of carbon-neutral steel in the port city of Hamburg, they said. "Within the Hamburg hydrogen co-operation, we will be able to save one million tonnes of carbon dioxide (CO2) annually (up to 2030)," said Uwe Braun, who heads ArcelorMittals's business in Germany's second-largest city. ....
Publishing date: Apr 26, 2021 • 2 hours ago • 2 minute read • Article content FRANKFURT ArcelorMittal, the world’s top steelmaker, and Swedish utility Vattenfall have teamed up with Shell, Airbus and other heavyweights to cut emissions in industrial processes by using hydrogen, two executives said. One focus of the 12-member consortium, which also includes Japan’s Mitsubishi Heavy Industries and logistics group Hamburger Hafen und Logistik, will be the production of carbon-neutral steel in the port city of Hamburg, they said. We apologize, but this video has failed to load. Try refreshing your browser, or ArcelorMittal, Vattenfall form hydrogen consortium with Shell, Airbus, others Back to video ....