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British BP cooperates with ThyssenKrupp in developing green steel

发布时间:[2022-7-18 10:10:6]    浏览量:283次
BP plc, a British multinational oil and gas company, has decided to cooperate with Germany’s ThyssenKrupp Steel to target producing steel by decarbonizing way. Also, the cooperation involved developing long-term supply with low-carbon hydrogen and renewable power.

Thyssenkrupp produces 11 million tons of crude steel every year, and its target is to produce 400,000 tons of CO2-reduced steel by 2025 and make its steel production reach carbon neutrality by 2045.

ThyssenKrupp’s carbon emission accounts for 2.5% of total German emissions.