RWE and Arcelormittal cooperate on green steel

Plan includes joint bidding for offshore wind projects and developing green hydrogen supply for German steel mills

German energy company RWE and steel producer Arcelormittal have signed a memorandum of understanding to jointly develop, build and operate offshore windfarms and green hydrogen production capacity to supply Arcelormittal’s German mills. The two companies intend to jointly bid for North Sea offshore wind projects and deploy a 70MW pilot electrolyser by 2026. Long-term plans for green hydrogen production would see the companies aiming to cooperate on gigawatt-scale projects, subject to state funding being secured. “Electricity from renewable energies and green hydrogen must become trademarks of industrial production in Germany,” says Sven Utermohlen, CEO of offshore wind for RWE Renewables. “I