Hydrogen sourcing could make or break Romania’s green steel ambitions

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Credit: Pixabay/CC0 Public Domain

A study from the Stockholm School of Economics finds that the competitiveness of green steel production in Romania partly hinges on hydrogen sourcing—requiring a 15% price premium if hydrogen is purchased externally as opposed to produced on-site. Without this premium, decarbonizing the country’s only primary steel producer could result in billions of losses.

The research, “Pricing the Green Transition: An Investment Appraisal of Romanian Low-Carbon Steel,” published in the Journal of Industrial Ecology, evaluates the financial viability of…

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