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I will believe it when I see it. I have no idea how hydrogen made steel will ever be able to compete with steel made with (gas or coke???).
It is the most realistic way of making steel without fossil fuels. Also when you use fossil gas to make steel, you first crack it into hydrogen. That part of the process works very well and on scale. The only really important thing is to make hydrogen in a green way and that is difficult.
I get it but it takes soooo much power, I don’t think it can reach price parity.
At some point, we’ll either need to price in the externalities or find a different tool than price.
With carbon pricing it becomes more attractive. Otherwise it has no chance.
