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Origin Energy, POSCO ink green hydrogen deal

Origin Energy, POSCO ink green hydrogen deal

Origin Energy today (18th March) said it has signed a deal with one of Korea’s largest steelmakers, POSCO, to cooperate on producing and supplying green hydrogen to Korea.

The iron and steel sector accounts directly for 2.6 gigatonnes of carbon dioxide emissions annually, and around 8% of global final energy demand1, meaning greening this industry is essential for the energy transition.

The complex nature of steel production makes green hydrogen the most fitting solution for decarbonising the industry, through the indirect electrification of the iron ore reduction process.

Read more: Pillars of Progress: Power – Making steel green through hydrogen

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