The world’s first fossil-free steel is being manufactured by Swedish Company ‘Hybrit’ in an attempt to replace the use of coking coal in ore-based steel making with fossil-free and renewable alternatives such as electricity and hydrogen. The use of hydrogen is in line with the EU’s goal of reaching net-zero greenhouse gas emissions by 2050
As of now, 8% of global greenhouse gas emissions can be attributed to steel production using coal. By switching away from fossil fuels, the company hopes to reduce its greenhouse gas emissions and their deadly impact on our environment.
The company is owned by the steelmaker SSAB which accounts for 10% of Sweden’s carbon dioxide emissions and 7% of that of Finland’s. This is an “important step towards a completely fossil-free value chain,” the company says, and that “the goal is to deliver fossil-free steel to the market and demonstrate the technology on an industrial scale as early as 2026.”
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Image: Hybrit