voestalpine, VERBUND, Siemens, Austrian Power Grid, K1-MET and TNO open largest CO2 neutral hydrogen pilot

November 12, 2019 |

In Prague, the world’s largest pilot plant for CO2-neutral production of hydrogen has officially commenced operation, setting an international milestone in the advancement of new energy supply options. “The most important precondition for scenario planning based on green electricity and green hydrogen is, however, sufficient quantities of renewable energy available at commercially realistic prices. This is the only way in which we can apply tomorrow’s technologies in a truly competitive manner,” stated the Chairman of the Management Board of Voestalpine AG. Partners involved in the facility are researching the potential of green hydrogen as a replacement for fossil fuels in steel production. This plant will test whether the technology to produce green hydrogen is suitable for use on an industrial scale. 

Category: Market News

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