Stegra and Uniper Partner for Green Industrial Production in Northern Sweden
Key Ideas
- Stegra and Uniper have signed a six-year agreement for the supply of 6 TWh of electricity to Stegra’s plant in Northern Sweden, securing a yearly supply over 2027-2032.
- Stegra's Boden plant will produce green hydrogen, green iron, and green steel at a large scale, with an initial annual volume of 2.5 million tonnes of green steel starting operations in 2026.
- The collaboration with Uniper enables Stegra to power a 700MW electrolysis plant to generate green hydrogen, reducing iron ore to green sponge iron for steel production, aiding in industrial emissions reduction.
- Both companies express commitment to the energy transition and view the agreement as a strategic partnership to accelerate the reduction of industrial emissions in Europe through sustainable practices.
Stegra and Uniper have entered a significant six-year agreement in Sweden, focusing on sustainable industrial production. Stegra's plant in Boden is set to spearhead the production of green hydrogen, green iron, and green steel at a large scale. The partnership with Uniper secures the supply of a substantial 6 TWh of electricity for Stegra's operations over the period 2027-2032, enabling the annual production of 2.5 million tonnes of green steel starting in 2026. The collaboration includes powering a 700MW electrolysis plant to produce green hydrogen, playing a crucial role in reducing industrial emissions by converting iron ore to green sponge iron for steel production. Both companies emphasize their dedication to the energy transition and sustainability, with Uniper aiming to provide long-term electricity access to industrial off-takers and Stegra focusing on accelerating reductions in industrial emissions in Europe.
Topics
Utilities
Energy Transition
Renewable Electricity
Power Purchase Agreement
Green Steel Production
Industrial Emissions Reduction
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