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Iron Fuel: The €2.5B Pipeline to Replace Fossil Fuels - Mark Verhagen (RIFT)

Industrial heat decarbonization represents nearly 30% of global greenhouse gas emissions, yet alternatives like hydrogen and electrification repeatedly fail feasibility studies. Mark Verhagen and his co-founders at RIFT discovered a century-old technology that modern economics finally make viable: burning iron powder to generate industrial heat with zero carbon emissions.

The process sounds counterintuitive but works like fireworks at scale. Iron powder burns at 2,000°C—matching natural gas combustion—producing only iron oxide as a byproduct. That oxide is collected, transported back to a…

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