Italian steel plant launches trial to use hydrogen to cut emissions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2024
0mins
Source: reuters
- Italian Companies Trial Hydrogen Fuel: Italian gas grid operator Snam, steel pipe maker Tenaris, and green technology firm Tenova are testing hydrogen fuel at a steel plant in northern Italy to reduce emissions.
- Six-Month Trial Period: The trial involves using hydrogen fuel in a reheating furnace at the plant in Dalmine near Bergamo and will last for six months.
- Focus on Performance and Reliability: The trial aims to assess the performance and reliability of hydrogen use in the steel industry as part of Snam's efforts to support industrial decarbonization.
- Hydrogen's Environmental Impact: Hydrogen fuel produces water vapor and minimal nitrogen oxides as by-products, making it less polluting than fossil fuels if there are no leaks causing additional pollution.
- International Cooperation on Hydrogen: Italy, Germany, and Austria have signed a cooperation agreement to develop a hydrogen transportation network from the southern Mediterranean to northern Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
