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03 Apr
16:31

H2 Green Steel partners with Fortum for electricity

H2 Green Steel and Fortum have signed a frame agreement for electricity trading for the supply of CO2-free electricity for H2 Green Steel’s projected steel mill in northern Sweden. The frame agreement is initially planned to include two power purchase agreements (PPAs) for 2.3 TWh per year, Kallanish learns from H2GS. In detail, these are one index-based PPA of 1.3 TWh annually (from 2026) with a five-year hedging horizon, and a fixed price PPA of 1 TWh for …
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