Some 20 European companies, including steel, energy and hydrogen producers, have formed an alliance to promote a single European hydrogen market through the H2Med corridor. ThyssenKrupp Nucera said this in a message.
The programme brings together companies from France, Germany, Portugal and Spain and offers a way to combine hydrogen production, storage and consumption projects. The alliance aims to accelerate the implementation of the H2Med corridor, contributing to the decarbonisation of the industrial sector by the early 2030s.
It will promote the development of the corridor and the establishment of a strong hydrogen value chain, including the Iberian Peninsula and North-West Europe. The Alliance is also aligned with European goals such as the European Green Deal.
The alliance includes German steel groups ThyssenKrupp Steel and Saarland Steel Holding (parent company of Dillinger and Saarstahl). Other members include ThyssenKrupp Nucera, CIP, DH2, Elyse Energy, Enagas, GRTgaz, HDF, Hynamics, Moeve, OGE, QAIR, REN, SEFE and Terega.
The European steel industry is set to become a major consumer of renewable hydrogen, with German steelmakers having some of the most ambitious hydrogen use plans in the region. By 2030, potential demand from the country’s steel industry could reach 850,000 tonnes of hydrogen per year.