popular articles

European aid for ArcelorMittal and ThyssenKrupp, decarbonized steelmakers

Germany and France receive the green light from the European Commission to grant €2 billion and €850 million in public aid respectively to ThyssenKrupp and ArcelorMittal, to support their projects to decarbonize steel production using hydrogen. These investments will significantly reduce the steel mills' CO2 emissions, helping to meet Europe's climate objectives.

Please share:

On Thursday, the European Commission authorized Berlin and Paris to grant €2 billion and €850 million respectively in public aid to steelmakers Thyssenkrupp and ArcelorMittal to finance projects to decarbonize their production using hydrogen.

Decarbonized steel mills: Aid from Germany and France for ThyssenKrupp and ArcelorMittal

The institution has “authorized the direct subsidy of 550 million euros and the (…) conditional payment of up to 1.45 billion euros granted by Germany to help ThyssenKrupp”, and “a French measure of 850 million euros for ArcelorMittal France”, according to a press release.

These aid packages aim to “decarbonize steel production” using “hydrogen”, at ArcelorMittal’s Dunkirk site in France (north), and Thyssenkrupp’s Duisburg steelworks in Germany (west), among the largest of their kind in Europe. In Dunkirk, ArcelorMittal’s project is expected to avoid the release of around 70 million tonnes of carbon dioxide over the project’s 15-year lifecycle, according to the Commission.

Thyssenkrupp’s decarbonization of the Duisburg site, meanwhile, will prevent the emission of 3.5 million tonnes of CO2 per year, making “an important contribution to achieving climate targets in Germany and Europe”, according to the group.

Rescuing the Duisburg plant: Germany grants crucial aid for conversion to green steel

Without this aid, the Duisburg site, which employs several thousand people, would be in danger, warned the group, which said it did not have sufficient financial resources to carry out this transformation alone. In mid-June, German Economics Minister Robert Habeck paid a visit to the plant’s employees, to whom he promised that “green steel made in Germany is possible”.

By the end of 2022, the Commission had given Germany the green light for a €1 billion subsidy to the German Salzgitter group for a project to decarbonize its steel production in the country. Green hydrogen, which can be used to store renewable electricity, is the preferred option for decarbonizing the polluting steel industry, which must become carbon neutral by 2030, according to EU targets.

The Commission has therefore dedicated an important project of common European interest (IPCEI) to this sector, enabling certain European rules on state aid to be waived. However, the time taken for authorization is irritating companies. Last November, ArcelorMittal called on Brussels to give the green light “more quickly”.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The European Commission has published its opinion on ENNOH’s founding documents, paving the way for the organisation of hydrogen network operators across Europe.
A project led by the government of Newfoundland and Labrador will assess the construction and operational needs of a hydrogen supply chain in Eastern Canada.
A project led by the government of Newfoundland and Labrador will assess the construction and operational needs of a hydrogen supply chain in Eastern Canada.
Italian dairy group Granarolo will use a blend containing up to 20% green hydrogen from September, in a first-of-its-kind industrial-scale operation led by Italgas and Edison Energia.
Italian dairy group Granarolo will use a blend containing up to 20% green hydrogen from September, in a first-of-its-kind industrial-scale operation led by Italgas and Edison Energia.
The French hydrogen company closed its tender process without receiving any in bonis offers, paving the way for a partial asset sale and liquidation proceedings.
The French hydrogen company closed its tender process without receiving any in bonis offers, paving the way for a partial asset sale and liquidation proceedings.
The postponement of nuclear-produced hydrogen’s classification as a “low-carbon” fuel until 2028 is raising concerns among industry players, especially those backing this energy source.
Hystar has signed a new agreement with Sunbo Unitech to supply PEM electrolyser stacks for a green hydrogen project in Boryeong, South Korea, marking its second contract in this strategic market.
Hystar has signed a new agreement with Sunbo Unitech to supply PEM electrolyser stacks for a green hydrogen project in Boryeong, South Korea, marking its second contract in this strategic market.
Elcogen and Casale begin collaboration on Power-to-X projects combining solid oxide electrolysis and chemical processes in green ammonia production.
Elcogen and Casale begin collaboration on Power-to-X projects combining solid oxide electrolysis and chemical processes in green ammonia production.
Statkraft halts the development of new green hydrogen projects due to increased market uncertainty, while continuing to structure certain existing assets to attract investors.
Statkraft halts the development of new green hydrogen projects due to increased market uncertainty, while continuing to structure certain existing assets to attract investors.
ITM Power has been selected to supply six POSEIDON electrolysis modules for Uniper’s 120MW Humber H2ub® (Green) project, scheduled to be operational by 2029.
PureWave Hydrogen is accelerating exploration activities near the Sue Duroche 3 well, where HyTerra confirmed a 96.1% concentration of natural hydrogen, reinforcing the geological potential of the Nemaha Ridge area.
PureWave Hydrogen is accelerating exploration activities near the Sue Duroche 3 well, where HyTerra confirmed a 96.1% concentration of natural hydrogen, reinforcing the geological potential of the Nemaha Ridge area.
Enagás begins consultations for its future hydrogen transport network in Castile-La Mancha, covering 13 regions and 550 municipalities on a 2,600 km infrastructure, backed by European funding.
Enagás begins consultations for its future hydrogen transport network in Castile-La Mancha, covering 13 regions and 550 municipalities on a 2,600 km infrastructure, backed by European funding.
Norwegian group Nel ASA will supply PEM electrolysers to Collins Aerospace under a contract supporting oxygen systems onboard US Navy submarines.
Norwegian group Nel ASA will supply PEM electrolysers to Collins Aerospace under a contract supporting oxygen systems onboard US Navy submarines.
Nel ASA announced that Statkraft has cancelled a 40 MW order for alkaline electrolysers, resulting in a NOK120mn ($11mn) reduction in the Norwegian manufacturer’s order backlog.
Plug Power has signed an agreement for a $525mn secured financing with Yorkville Advisors, while announcing strong preliminary results for the first quarter of 2025.
Plug Power has signed an agreement for a $525mn secured financing with Yorkville Advisors, while announcing strong preliminary results for the first quarter of 2025.
H2APEX announces €35mn financing from its main shareholders and plans a €30mn capital increase in June to accelerate the development of its hydrogen production capacities in Germany.
H2APEX announces €35mn financing from its main shareholders and plans a €30mn capital increase in June to accelerate the development of its hydrogen production capacities in Germany.
Tyczka Hydrogen received the first certification under the EU's RFNBO scheme on 15 April, marking a strategic milestone for renewable hydrogen logistics across Europe.
Tyczka Hydrogen received the first certification under the EU's RFNBO scheme on 15 April, marking a strategic milestone for renewable hydrogen logistics across Europe.
French group Lhyfe confirmed on April 17 a €149 mn public subsidy for its Green Horizon project, targeting daily output of 34 tonnes of green hydrogen near the industrial port of Le Havre by 2029.
Gen-Hy secures €99.84 mn in public funding to build an electrolyser plant in Allenjoie, with 250 jobs projected and operations set to begin in 2026.
Gen-Hy secures €99.84 mn in public funding to build an electrolyser plant in Allenjoie, with 250 jobs projected and operations set to begin in 2026.
Mantle8 has reported exceptional soil gas readings at Comminges, in the Pyrenees, confirming the effectiveness of its proprietary predictive exploration technology for natural hydrogen.
Mantle8 has reported exceptional soil gas readings at Comminges, in the Pyrenees, confirming the effectiveness of its proprietary predictive exploration technology for natural hydrogen.
The Hidrogenii joint venture, formed by Olin and Plug Power, has launched a 15 TPD hydrogen liquefaction plant in St. Gabriel, Louisiana, strengthening the regional hydrogen supply and the U.S. energy transition.
The Hidrogenii joint venture, formed by Olin and Plug Power, has launched a 15 TPD hydrogen liquefaction plant in St. Gabriel, Louisiana, strengthening the regional hydrogen supply and the U.S. energy transition.
CB&I, Shell and their partners have completed the design of a large-capacity liquid hydrogen tank at NASA’s space centre, aiming to cut commercial-scale storage costs for global trade.
Authorities in Newfoundland have released the guidelines for EVREC’s green hydrogen project impact study, marking a key regulatory step in the industrial development of this energy hub.
Authorities in Newfoundland have released the guidelines for EVREC’s green hydrogen project impact study, marking a key regulatory step in the industrial development of this energy hub.
Hyundai Motor Group, in partnership with Pertamina and Indonesian authorities, announces the construction of a waste-based hydrogen production site in West Java, set to be operational by 2027.
Hyundai Motor Group, in partnership with Pertamina and Indonesian authorities, announces the construction of a waste-based hydrogen production site in West Java, set to be operational by 2027.
Indian group Cyient will lead the engineering work at the Bodø hydrogen site in Norway, under a partnership with GreenH and Luxcara to supply maritime transport.
Indian group Cyient will lead the engineering work at the Bodø hydrogen site in Norway, under a partnership with GreenH and Luxcara to supply maritime transport.

Advertising