Thyssenkrupp boss - López calls for new hydrogen pipelines from southern Europe
Thyssenkrupp CEO Miguel López has called for the construction of new hydrogen pipelines from southern Europe. Germany needs pipelines from countries such as Spain, Portugal and Morocco, López told the "Westdeutsche Allgemeine Zeitung" (WAZ) according to a report published on Tuesday. "We need pipelines from the west and south of Europe," said the manager. "Otherwise it will hardly be possible to meet the huge demand for hydrogen in Germany."
The supply of hydrogen is also necessary for the establishment of green steel production in Duisburg. The company needs a connection to the hydrogen core network that Federal Minister of Economics Robert Habeck (Greens) is planning. "The hydrogen requirements of our new DRI plant are enormous," López told the newspaper. DRI stands for direct reduced iron. Instead of coal and coke, the plant uses natural gas and later hydrogen to extract the oxygen from the iron ore. The sponge iron obtained is then melted down in a further step. In Duisburg, the plant will replace a traditional blast furnace.
López emphasized that the first green steel plant in Duisburg, which is already under construction, could also run on natural gas. However, if natural gas is used excessively instead of hydrogen, thyssenkrupp Steel would no longer be entitled to the entire state subsidy, but only a portion of the approximately two billion euros. "There are quotas for the use of green hydrogen, to which parts of the state subsidy are linked. After all, one aim is to boost the hydrogen economy in Germany."
Thyssenkrupp is looking for energy partners worldwide, López continued. The company is focusing on three regions in particular: the Iberian Peninsula, the Arabian Peninsula and the south of the USA. "We are exploring opportunities for partnerships in all three regions," said López.
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- Miguel López, the CEO of Thyssenkrupp, believes that Germany needs hydrogen pipelines from countries like Spain, Portugal, and Morocco to meet its substantial hydrogen demand.
- López highlighted that Thyssenkrupp's green steel production plant in Duisburg requires a connection to the federal government's planned hydrogen core network.
- The DRI plant in Duisburg, which utilizes natural gas for iron ore extraction, could switch to hydrogen, but excessive use of natural gas may reduce Thyssenkrupp Steel's eligibility for the entire state subsidy.
- Thyssenkrupp is looking for energy partners in three specific regions: the Iberian Peninsula, the Arabian Peninsula, and the southern United States.
- North Rhine-Westphalia-based company Thyssenkrupp shares Germany's goal of boosting the hydrogen economy in Europe and has substantial interests in alternative energy sources, such as hydrogen.
- Europe's hydrogen demand is escalating rapidly, making the collaboration with countries like Spain, Portugal, and Morocco crucial for securing a stable and sustainable hydrogen supply for Germany and other northern European nations.
Source: www.stern.de
