H2 Green Steel has entered into a long-term frame agreement with Fortum for electricity supply
H2 Green Steel and Fortum have signed a frame agreement for electricity trading for the supply of CO\2\-free electricity for H2 Green Steel’s operations in Northern Sweden.The two companies have formed a partnership that enables H2 Green Steel to purchase Fortum's carbon-free electricity on both short and long-term bases for its green steel operations in Northern Sweden. The parties will strengthen the cooperation further in long-term Power Purchase Agreements (PPAs). The frame agreement is initially planned to include two deals for 2.3 TWh per year: an index-based PPA of 1.3 TWh annually (