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H2GS AB

Acronym: H2 Green Steel

General Information

Identification Code: 191319744634-58
Website: www.h2greensteel.com
Entity Form: Aktiebolag
Registration Category: Companies & groups
Registration Date: 11/10/2021
Last Update: 10/4/2023

Mission & Interests

Goals: H2 Green Steel (H2GS AB) was founded in 2020. The founder and largest shareholder is Vargas, which is also co-founder and one of the largest shareholders in Northvolt. H2 Green Steel is on a mission, we decarbonise hard-to-abate industries using hydrogen produced by renewable electricity. We start by initiating the global steel industry’s greatest ever technological shift. H2 Green Steel are committed to accelerating change by eliminating almost all CO₂ emissions from the steel production process. Our production is planned for to start in 2025 or 2026. Our first aim is to build a large-scale hydrogen based green steel production facility located in Boden in northern Sweden. H2 Green Steel is also planning a second facility located in the Iberian Peninsula. Both facilities will enable a reduction of CO2 emissions by at least 95 percent compared to the current steel production route in EU www.h2greensteel.com
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Business and industry
  • Climate action
  • Competition
  • Digital economy and society
  • Employment and social affairs
  • Energy
  • Environment
  • Research and innovation
  • Single market
  • Taxation
  • Trade
  • Transport
Levels of Interest:
  • global

Activities

Main EU Legislative Proposals: EU-ETS, CBAM, RED II, NZIA, GDIP, energy taxation directive, Innovation Fund, Horizon Europe
Communication Activities: Communication & public affairs activities on EU, national and regional level.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Norra Stationsgatan 93A
Post Code: 11364
City: Stockholm
Country: SWEDEN
Phone:
Indic Phone: 46
Phone Number: 738055544

EU Office

Address: Norra Stationsgatan 93A
Post Code: 11364
City: Stockholm
Country: SWEDEN
Phone:
Indic Phone: 46
Phone Number: 738055544

Financial Data

New Organisation:
Current Year:
Grants:

    Membership Information

    Members10 Percent: 1
    Members25 Percent: 2
    Members75 Percent: 1
    Members: 4
    Members F T E: 1.350000023841858

    Structure

    Structure Type: Structure
    Is Member Of: Exponential Roadmap Initiative CEO Alliance First Movers Coalition
    Organisation Members: Renewable Hydrogen Coalition Scale-up Coalition

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