Stegra’s plant in Boden recognized as a net-zero project important for the EU’s climate goals
Stegra has been recognized as a Strategic Net-Zero Project by Tillväxtverket, the Swedish Agency for Economic and Regional Growth. The decision places Stegra’s green hydrogen-based steel plant under construction in Boden, Sweden, among those the European Union considers strategically important for reaching its climate goals.
In reaching its decision, Tillväxtverket found that the project will meaningfully cut CO₂ emissions from industrial processes over the long term, helping to reduce Europe’s reliance on imported raw materials and supporting the phaseout of fossil fuels in steel production. The agency concluded that Stegra’s green steel forms part of the supply chain for net-zero technologies and will feed into a wide range of clean-tech products.
The recognition as a Strategic Net-Zero Project confirms Stegra’s importance to Europe’s industrial resilience. It reflects the long-term commitment from both Sweden and the EU to projects that strengthen Europe’s strategic value chains.
Niklas WassHead of Boden Operations, Stegra
The company qualified for the recognition through an expedited route available to projects already backed by the EU Innovation Fund, from which the company received a €250 million grant. The decision also highlights Stegra’s role in creating high-quality jobs and contributing to Europe’s competitiveness.