H2 Green Steel Boden steel plant
From Global Energy Monitor
| This article is part of the Global Steel Plant Tracker, a project of Global Energy Monitor. |
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H2 Green Steel Boden steel plant is a direct reduced iron-electric arc furnace (DRI-EAF) steel plant under construction in Boden, Norrbotten, Sweden.
Location
The map below shows the approximate location of the plant in Boden, Norrbotten, Sweden:
- Location: Boden Industrial Park, Boden, Norrbotten, Sweden
- Coordinates (WGS 84): 65.805389, 21.759140 (approximate)
Background
As of January 2024, H2 Green Steel had secured around €6.5 billion in total financing, including €3.5 billion in senior debt and up to €600 million in junior debt, alongside close to €300 million in equity. This funding, supported by a diverse consortium of lenders and investors, represents a major step forward in advancing sustainable steel production practices.[1][2]
Low-emissions/green steelmaking
This steel plant is associated with a green steel project tracked in the Green Steel Tracker. Details about the project are included below.
Table 1: Green Steel Project Details
| Project 1 | |
|---|---|
| Company | H2 Green Steel |
| Company has climate goals? | Not applicable for emerging |
| Location | Boden, Sweden |
| Project name | H2 Green Steel (H2GS) Boden |
| Project website | Site |
| Project scale | Full scale |
| Project status | Construction |
| Year to be online | 2025 |
| Technology to be used | H-DRI |
| Technology details | Green electricity electrolysis + EAF |
| Iron production capacity (million tonnes per year) | Not stated |
| Steel production capacity (million tonnes per year) | 5 |
| CO2 capture (million tonnes CO2 per year) | Not applicable |
| Hydrogen generation capacity(MW) | 700 |
| Investment size | 7082.5 |
| Partners | IMAS Foundation, Vargas, Scania, InnoEnergy, Altor, Bilstein Group, SMS Group, Exor, Kingspan, FAM, Mercedez-Benz, Marcegaglia |
| Date of announcement | 2021-02-28 |
Plant Details
Table 2: General Plant Details
| Phase | Plant status | Construction date | Start date | Workforce size | Power source | Iron ore source |
|---|---|---|---|---|---|---|
| Main plant | Construction[3][4][5] | 2022-07[3] | 2025[6] | 1500[3] | 800 MW Electrolysis plant onsite, powered by carbon free electricity from Fortum[3][7][8] | Rio Tinto’s Iron Ore Company of Canada (IOC) operations[9] |
| Expansion | Announced[10] | –[3] | 2030[10][11] | 500[3] | 800 MW Electrolysis plant onsite, powered by carbon free electricity from Fortum[3][7][8] | – |
Table 3: Ownership and Parent Company Information
| Phase | Owner | Owner company PermID | Owner company GEM ID |
|---|---|---|---|
| Main plant | H2 Green Steel AB[3] | 5081499322 | E100000131094 |
Table 4: Process and Products
| Phase | Steel product category | Steel products | Steel sector end users | Main production equipment | Detailed production equipment |
|---|---|---|---|---|---|
| Main plant | crude, finished rolled[12] | DRI, HBI, hot rolled coil[12] | automotive; building and infrastructure[13][14] | DRI, EAF[3] | 1 EAF (Paul Wurth/SMS), Midrex DRI plant[15][16] |
| Expansion | crude, finished rolled[12] | DRI, HBI, hot rolled coil[12] | automotive; building and infrastructure[13][14] | DRI, EAF[3] | EAF (# unknown); DRI plant[3] |
Table 5: Crude Steel Production Capacities (thousand tonnes per annum)
| Phase | Capacity operating status* | Electric arc furnace steelmaking capacity | Nominal crude steel capacity (total) |
|---|---|---|---|
| Main plant | construction | 2500 TTPA[10][10] | 2500 TTPA[10][10] |
| Expansion | announced | 2500 TTPA[10] | 2500 TTPA[10] |
Table 6: Crude Iron Production Capacities (thousand tonnes per annum)
| Phase | Capacity operating status* | Sponge iron/DRI capacity | Nominal iron capacity (total) |
|---|---|---|---|
| Main plant | construction | 2100 TTPA[15][17] | 2100 TTPA[15][17] |
| Expansion | announced | 2100 TTPA[15][17] | 2100 TTPA[15][17] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.
References
- ↑ "H2 Green Steel Reaches New Funding Milestone". Association for Iron and Steel Technology. 1/22/2024.
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link) - ↑ "H2 Green Steel raises more than €4 billion in debt financing". H2 Green Steel. 2024-01-22. Retrieved 2024-02-09.
- ↑ 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 https://web.archive.org/web/20230110143012/https://www.h2greensteel.com/questions-and-answers-about-our-establishment-in-boden. Archived from the original on 10 January 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220826193640/https://hydrogen-central.com/h2-green-steel-breaks-ground-boden-industrial-park-hydrogen-production-facility/. Archived from the original on 26 August 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230331095117/https://www.youtube.com/watch?v=T4su_1Vo8no. Archived from the original on 31 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.oecd.org/industry/ind/latest-developments-in-steelmaking-capacity-2022.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 7.0 7.1 https://www.midrex.com/tech-article/h2-green-steel-story-the-quest-for-earths-sustainable-future/#:~:text=The%20DRI%20plant%20will%20havemillion%20tonnes%20of%20green%20steel.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 https://www.steelorbis.com/steel-news/latest-news/fortum-to-supply-carbon-free-electricity-to-h2-green-steel-in-sweden-1285273.htm.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.seaisi.org/details/23325?type=news-rooms.
{{cite web}}: Missing or empty|title=(help) - ↑ 10.0 10.1 10.2 10.3 10.4 10.5 10.6 10.7 https://web.archive.org/web/20221122221847/https://www.sms-group.com/en-us/plants/projects/h2-green-steel. Archived from the original on 22 November 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20221220143042/https://www.h2greensteel.com/articles/on-course-for-large-scale-production-from-2025. Archived from the original on 20 December 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ 12.0 12.1 12.2 12.3 https://web.archive.org/web/20230124060539/http://www.h2greensteel.com/articles/green-steel-production. Archived from the original on 24 January 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 13.0 13.1 https://web.archive.org/web/20240119062340/https://www.aist.org/news/steel-news/2023/july/3-7-july/h2-green-steel-secures-eur1-5-billion-supply-agree. Archived from the original on 19 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 14.0 14.1 https://web.archive.org/web/20230601061805/https://globalenergyinfrastructure.com/news/2023/04-april/spm-and-h2-green-steel-sign-5-year-supply-agreement-for-green-steel/. Archived from the original on 01 June 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ 15.0 15.1 15.2 15.3 15.4 https://web.archive.org/web/20221011095225/https://www.h2greensteel.com/latestnews/h2-green-steel-partners-with-midrex-for-technology-and-kobe-steel-for-equity-investment. Archived from the original on 11 October 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.sms-group.com/en-us/plants/reference-detail/direct-reduction-and-melt-shop-h2-green-steel-sweden-new634954d239a3f956359103.
{{cite web}}: Missing or empty|title=(help) - ↑ 17.0 17.1 17.2 17.3 (PDF) https://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2022.pdf.
{{cite web}}: Missing or empty|title=(help)
