Its roles Owner Developer
Stegra Boden AB, formerly known as H2 Green Steel Boden AB, is a Swedish company developing a large-scale green steel production facility in Boden, northern Sweden.
The plant, spanning 270 hectares, integrates green hydrogen production via a 700 MW electrolyzer powered by renewable electricity, direct reduced iron (DRI) using hydrogen to replace fossil fuels, and electric arc furnace (EAF) steelmaking. Construction is underway, with key milestones including installation of electrolyzer modules and erection of the DRI tower. Planned capacity is 5 million tonnes of green steel annually by 2030, achieving up to 95% lower CO₂ emissions compared to traditional blast furnace methods.
Founded in 2020 as part of efforts to decarbonize hard-to-abate industries, Stegra Boden AB has secured significant financing, including €1.4 billion in recent commitments, and off-take agreements with customers such as thyssenkrupp Materials Services, Microsoft, and automakers like Volvo and Mercedes-Benz. Production startup is targeted for 2026-2027.
Also known as STEGRA, H2GS Boden AB, and H2 Green Steel Boden.
chemXplore tracks 2 projects involving Stegra Boden, of which 2 are active.
Closest to start-up first.
Industry and academia presented projects across industry and mobility: HyLoop+ metrology, hydrogen turbines, a green-hydrogen steelworks, fuel-cell shipping and evolving refuelling infrastructure.
Wallenberg-led consortium agreed financing to finish the plant (>60% complete). Funding covers scope increases, cost rises and buffer; it will cut CO2 ~95% using green hydrogen.
CEO-led alliance published a white paper urging governments to boost demand certainty, lower electricity costs, simplify RFNBO rules, de-risk finance and fund a hydrogen backbone to speed FIDs.
CEO-led alliance white paper diagnoses bottlenecks—fragmented rules, high power costs, weak demand certainty—and urges bankable demand, simpler support, de-risk finance and cross-border infrastructure
The agreement secures over 700MW capacity for a large-scale electrolysis plant in Boden, Sweden, using alkaline water electrolysis technology to produce green hydrogen for steel production.
