Startup #Blastr from 🇳🇴 wants to build €4bn #GreenSteel plant (2,5 Mt/a)in #Inkoo, 🇫🇮, where availability of #windPower for H2 is better than in 🇳🇴.
Analysts are sceptical, who will finance it? Blastr is only worth 430k€. For government this announcement comes conveniently just before elections.
The site had a coal power plant, so good transmission grid exists.
The plant uses 6 TWh power per year so #WasteHeat could cover entire #Helsinki heat demand if it were closer.