As Australia gears up for elections by mid-May, its burgeoning green hydrogen industry faces potential setbacks that could alter its trajectory.
Author: Anela Dokso
HYBRIT project has demonstrated that large-scale storage of fossil-free hydrogen gas is not only technically feasible but also economically beneficial. Conducted by SSAB, LKAB, and Vattenfall, and supported by the Swedish Energy Agency, this initiative marks a significant step toward decarbonizing the iron and steel industry, which currently contributes to approximately 7% of global carbon dioxide emissions. By utilizing fossil-free electricity and hydrogen, HYBRIT aims to markedly reduce emissions in Sweden and Finland, potentially lowering them by 10% and 7% respectively. Central to HYBRIT’s success is the pilot facility in Luleå, Sweden, where a steel-lined rock cavern stores hydrogen gas,…
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