Last January, both companies signed an agreement to work together to design integrated solutions based on green hydrogen over the next three years.
On January 13th, Tenova and Snam signed an agreement to foster the decarbonization of the metals sector in Italy and abroad. The aim is to bring integrated, turnkey commercial solutions tested in industrial plants to substantially reduce CO2 and NOx emissions in the metals production process, from melting to processing semi-finished products. The synergy will result in concrete applications in productive sites by contributing to the decarbonization process of the metals sector through a significant reduction in CO2 emissions.
Snam will provide its expertise in hydrogen technologies and transport. On the other hand, Tenova will contribute through its know-how in this sector, specifically in combustion systems for reheating and heating treatment and electric arc furnaces. The collaboration between the two companies will develop through specific tests in the recently installed laboratory at Tenova's headquarters, located in Castellanza, Italy, and through installations and production tests on industrial sites.
"We are developing a ready-to-use solution for our customers, directly at their production sites. The expertise of Snam and Tenova is complementary, and together we are ready to face the challenge of decarbonization, on which Tenova has been working for years thanks to solutions that make us the ideal technological partners to improve environmental performances without compromising the economic ones," said Roberto Pancaldi, Tenova's CEO.
Cosma Panzacchi, EVP Hydrogen at Snam, commented: "Through this agreement, we further develop our network of partners and projects to introduce green hydrogen into the relevant, productive processes of the metals industry. Snam is willing to contribute through its technologies and know-how by enabling, as fast as possible, the hydrogen transition of such crucial commodity chains for the Italian economy."
Tenova's combustion systems, a key part of the agreement with Snam, represent an extremely innovative solution and are unique on the market. First, they enable CO2 emissions reduction in a scalable and flexible fashion: once installed, these systems can work through a blend of natural gas and hydrogen in variable percentages, up to 100% of hydrogen, whereby maintaining emissions well below the most restrictive limits. Furthermore, they can be integrated with advanced 4.0 technologies, offering significant advantages in terms of management and maintenance, thanks to Tenova's digital infrastructure.
Snam is Europe's leading operator in natural gas transport and storage, with an infrastructure enabled to transition to hydrogen. It runs a transport network of approximately 41,000 km between Italy, Austria, France, Greece, and the UK and 3.5% of the world's gas storage capacity. It ranks among the top ten Italian listed companies by market capitalization. With its 80 years-experience in developing and managing energy networks and facilities, Snam guarantees the security of supply and enables the energy transition on the territories. Besides transport and storage, it is also one of the leading operators in LNG regasification. The company also has a presence in Asia, the Middle East, and North America.