Opinion

Vattenfall’s CEO Magnus Hall on making heavy industry fossil free

Vattenfall’s CEO Magnus Hall recently debated the need to decarbonise heavy industry on the Spectator podcast.

 

The podcast debate, led by the Spectator’s editor Fraser Nelson, includes UK Government business minister Nadhim Zahawi and Gareth Stace, the head of industry trade association UK Steel.   

Hear Magnus Hall argue that big business must go fossil free in a generation as consumers demand substantial action from manufacturers to tackle the climate emergency, or be condemned to struggle.

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During 2018, work started on the construction of a pilot plant for fossil-free steel production in Luleå, Sweden.

The full-scale fossil free process for steel manufacturing should be ready by 2035.

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We are forming partnerships in different fields and industries to reach climate goals.

Vattenfall has launched a joint venture named HYBRIT with companies LKAB and SSAB.

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By 2030, our projects could be delivering electricity to 5 million UK homes.

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