| Metric / Project |
HYBRIT (Sweden) |
H2 Green Steel (Sweden) |
Salzgitter (Germany) |
HySteel Simulated Scenario |
| Annual Capacity (kt) |
1,300 |
5,000 |
2,000 |
1,500–5,000 |
| Process Type |
H₂-DRI shaft furnace |
H₂-DRI shaft furnace |
H₂-DRI shaft furnace |
H₂-SFR modular shaft furnace |
| Hydrogen Consumption (Nm³/t DRI) |
300 |
280 |
310 |
280–320 |
| Renewable Integration |
High |
High |
Medium |
High, customizable PPA |
| Unit Capex (€/t) |
700 |
600 |
650 |
600–700, phased deployment |
| CO₂ Emissions (tCO₂/t DRI) |
~0 |
~0 |
<0.1 |
0–0.1, site dependent |
-
Engineering & EPC Deployment Architecture
HySteel adopts the hydrogen-based shaft furnace DRI pathway targeting high-metallization DRI products for short-route steelmaking systems.
Engineering scope includes:
-
Conceptual design
-
Feasibility study
-
FEED
-
Equipment integration
-
Construction management
-
Commissioning support
Regulatory compliance, carbon accounting boundary definition and EPD data structuring are embedded at the engineering stage.
-
Capital Architecture & Investment Logic
HySteel applies structured asset logic rather than conventional single-layer industrial financing.
4.1 Asset Structuring
4.2 Revenue Logic
Revenue components may include:
-
DRI product sales
-
Integration within EAF systems
-
Potential green material premiums
-
Carbon policy-related value transmission mechanisms
(No premium assumptions are projected at this stage.)
4.3 Cash Flow Phasing
-
Integrated Value Chain Alignment
HySteel synchronizes upstream and downstream structuring.
Upstream:
-
Renewable energy PPA frameworks
-
Electrolysis-based hydrogen integration or external supply
-
Storage and safety architecture
-
Iron ore pellet supply alignment
Downstream:
-
Risk Layering & Mitigation Framework
Core risk categories include:
-
Hydrogen pricing and supply stability
-
Renewable energy cost volatility
-
Technology scale-up dynamics
-
Carbon and policy uncertainty
-
Market absorption risk
Risk is addressed through layered capital structuring, contractual allocation, modular engineering and governance mechanisms at project level.
-
Compliance & Standards Integration
Design-stage compliance embedding includes:
-
International Organization for Standardization standards
-
National Fire Protection Association NFPA 2 Hydrogen Technologies Code
-
International Finance Corporation Performance Standards
-
European Commission CBAM regulatory framework
-
Environmental Product Declaration (EPD) methodologies
Compliance is embedded by design, not appended post-construction.
