Manufacturing giant Tata Steel will receive €2bn in public funding from the Dutch government to support its transition toward lower-carbon steelmaking at the company’s IJmuiden site in North Holland.
The investment forms part of a wider package of €4bn to €6.5bn aimed at phasing out coal-fired blast furnaces in favour of gas-based direct reduction technology, while also exploring carbon capture, biomethane, and green hydrogen.
According to a joint letter of intent signed with the Dutch government and the Province of North Holland, the first phase of the programme will see one of the site’s two coal-fired plants replaced with plants fuelled by natural gas, before later switching to hydrogen.
Steelmaking is one of the world’s most carbon-intensive industries, responsible for around 7% to 9% of global greenhouse gas emissions. The traditional blast furnace route releases around 1.6 to 2 tonnes of CO2 for every tonne of crude steel produced.
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Thursday, 9th October at 2:28PM
