Hydrogen advances mean green steel on the horizon
Steelmakers have been successfully operating hydrogen-based pilot projects in the hard-to-abate sector and expect decarbonised steel to be on the market by mid-decade
Numerous leading steelmakers have pledged in recent months to reduce their carbon emissions to net-zero by 2050 or sooner. This is despite steelmaking being one of the toughest industries to decarbonise and contributing 7-9pc to global emissions. The list includes Arcelormittal, the world’s largest steel manufacturer, and Thyssenkrupp, Nippon Steel and Posco, the largest steel manufacturers in Germany, Japan and South Korea respectively. About three-quarters of global steel is manufactured in blast oxygen furnaces (BOF), requiring temperatures of 1,200°C and generally using coal. BOF-manufactured steel accounts for 90pc of industry emissions on a global basis. “The transformation to
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter