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

Also in this section
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
4 April 2025
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS