The transition to green steel hinges on access to abundant, cost-effective clean hydrogen. Solid oxide electrolyser cells ("SOEC") offer a compelling solution with superior efficiency and industrial-scale output. As the global steel industry commits to net zero targets, demand for electrolytic hydrogen is set to transform the steel production landscape.
Global market
Steel production can be decarbonised in a number of ways, either replacing coal for heating or as a reducing agent in direct reduced iron ("DRI").
Imported steel and iron into Europe will need to comply with CBAM regulation, which will mean importers must pay for iron and steel with high production CO2 emissions. Additionally, green building standards will drive demand for low CO2 steel.
As a result, green steel supply is forecast to reach 125 million metric tonnes a year by 2030.
125 million tonnes
green steel supply per year is forecast by 2030
WHy Ceres?
Ceres solid oxide electrolysis solutions
- Can provide low-cost hydrogen for a green steel plant at high efficiency
- Can be thermally integrated with green steel plants to further increase production efficiency by using steelmaking process heat to generate steam for the electrolyser
Key stats
Why we stand apart
100%
of the steam required for solid oxide electrolysis is provided by waste heat from the steel production process
20–30%
reduction in energy required for hydrogen production compared to low-temperature water electrolysis
