Result description
The dawn of a green industrial revolution
We are dedicated to speeding up the decarbonization of the steel industry (responsible for approximately 8% of the global CO₂ emissions), with the support of our shareholders, who are leaders in the value chain.
How do we achieve this? By producing low CO₂ direct reduced iron (DRI / HBI) using on-site production of renewable and low-carbon hydrogen.
Implementation of innovative technologies
In terms of technologies and process, we will produce DRI/HBI through hydrogen reduction. The hydrogen required for this process will be produced on-site using close to 700MW electrolysers. The DRI/HBI can be utilized in different production processes, such electric arc furnaces or even blast furnaces, enabling the decarbonization of steel and its end-markets (transport, construction, renewable energies…).
Addressing target audiences and expressing needs
- We are sharing our knowledge
At GravitHy, our mission is to meet the growing demand for eco-friendly iron and steel. We are fully committed to reducing emissions from the steel industry by producing and utilizing low-carbon and renewable hydrogen to manufacture decarbonized Direct Reduced Iron (DRI).
This DRI/HBI may then be used locally, nationally or traded globally as decarbonized Hot Briquetted Iron (HBI), to be used for producing decarbonized steel.
Result submitted to Horizon Results Platform by
KIC Innoenergy SE onhalf of GravitHy
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