The #steel industry emits about 2.8 gigatonnes of CO2 per year, according to the International Energy Agency (IEA). Discover how to use science-based benchmark pathways for target setting in our steel sector publication. Read here: https://ow.ly/FNl650SnpZH #NetZeroBanking
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Why is the steel industry moving from blue to green hydrogen, despite the cost challenges? Uncover the strategic shifts preparing for a sustainable future. Download the latest Argus market analysis: https://okt.to/azk98c #hydrogen #greenhydrogen #steel #greensteel
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Expert in Business Expansion & Revenue Growth | Strategic Account Manager | Former National Water Polo Player | Fluent in English, Spanish & Portuguese
Why is the steel industry moving from blue to green hydrogen, despite the cost challenges? Uncover the strategic shifts preparing for a sustainable future. Download the latest Argus market analysis: https://okt.to/HhgxMI #hydrogen #greenhydrogen #steel #greensteel
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(𝗛𝟮-𝗗𝗥𝗜-𝗘𝗔𝗙) 𝗿𝗼𝘂𝘁𝗲 𝗲𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱: In the Hydrogen-Based Direct Reduction – Electric Arc Furnace (H2-DRI-EAF) route, steel production undergoes a transformation towards sustainability. 𝑯𝒆𝒓𝒆’𝒔 𝒉𝒐𝒘 𝒊𝒕 𝒘𝒐𝒓𝒌𝒔: 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧-𝐁𝐚𝐬𝐞𝐝 𝐃𝐢𝐫𝐞𝐜𝐭 𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 (𝐇2-𝐃𝐑𝐈): Instead of traditional methods using carbon-intensive coke, iron ore is reduced using hydrogen gas. This process produces direct reduced iron (DRI), a cleaner alternative. 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐀𝐫𝐜 𝐅𝐮𝐫𝐧𝐚𝐜𝐞 (𝐄𝐀𝐅): The DRI is then melted in an Electric Arc Furnace powered by electricity. This step eliminates the need for coke and reduces emissions significantly. 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐚𝐧𝐝 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭: By replacing coke with hydrogen in the reduction process and using electricity in the EAF, the H2-DRI-EAF route reduces carbon emissions substantially. It supports global climate goals by promoting low-carbon steel production. 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: This approach not only meets current sustainability standards but also positions steelmaking for a greener future. It integrates renewable energy sources and innovative technologies to drive sustainable industry practices forward. #CleanSteel #SustainableSteel #HydrogenTechnology #GreenTechnology #ElectricArcFurnace #SteelProduction #CarbonReduction #ClimateAction #RenewableEnergy #Innovation #GreenIndustry #LowCarbonEconomy #EnvironmentalSustainability #FutureOfSteel
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CO2 abatement costs of selected technologies versus the BF-BOF route in 2030 While the future cost of technologies is uncertain, analysis indicates that, by 2030, the average CO2 abatement costs of all breakthrough technologies expected to be commercially available will be well above USD 100/tCO2. They range from USD 116/ tCO2 (NG-DRI-EAF-CCS) to USD 171/tCO2 (100% H2-DRI-SMELT-BOF). This means that a CO2 price of USD 100/tCO2, in isolation, would likely not be enough to make these technologies competitive with the current BF-BOF route, even though this is a price level some countries are expected to achieve by 2030 from today’s point of view. This points to the need for a broader policy package, including supply side policies that can enable a low-CO2 energy and hydrogen infrastructure rollout and provide Capex/Opex support for the green steel production process, such as carbon contracts for difference, combined with demand side instruments that can unlock private sector demand as well as green public procurement via definitions and standards for near-zero emissions steel, thereby enabling a business case for these new technologies in the short to medium term. Source: #Agora Industry Analysis "Low-carbon technologies for the global #steel transformation"
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It’s hard to imagine modern life without steel. However, producing this important metal is an extremely polluting process. According to the International Energy Agency, the iron and steel sector directly accounts for 2.6 gigatons of carbon dioxide emissions annually, making it responsible for about 8% of global final energy demand and 7% of energy sector CO2 emissions. 📄 Read our analysis on what the steel industry can do to cut down its emissions: https://lnkd.in/gmaZpkjs #GreenSteel #Steel #Decarbonization
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Steel production releases more #emissions than any other industry, with the sector responsible for 9% of global carbon dioxide emissions. By 2030 around 70% of existing #coal based blast furnaces will have reached end of life and will require major re-investment. Aligned with this, #steel demand is expected to increase 16% by 2030. Currently demand for #greensteel outstrips supply. In anticipation of tightening #carbon markets the industry is slowly moving towards a sustainable future. EU low carbon steel is expected to reach 30% market share by 2030. BNEF survey below, shows planned number of #greensteel build outs to 2030. Unsuprisingly #fossilfuel fed #ccs struggles against the likes of recycled steel processed with #electric arc and virgin steel production via #hydrogen fuelled systems. The bulk of #h2 projects involve water based #electrolysis powered by #renewables (apposed to blue H2) due to demand for the lowest embodied #carbon steel content.
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Good to see this activity. Also, the approach is direct and most plausible. This is an important step toward low-carbon aluminum and is more accessible than electric or hydrogen powered furnaces. "Three main steps: - Collection of CO2-laden gases as close as possible to the source of emission in the electrolysis pot. This choice optimizes the concentration rate and the volume of CO2 collected in the flue gas. - Installation of an innovative gas treatment center to purify these gases, which are more concentrated than usual, to make them compatible with the CO2 capture process. - Capture of CO2 using an absorption process with amine solvents." https://lnkd.in/gC2ZnYKT
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🌟 Unlocking the Future of Steel with Clean Energy! 🌟 Steel is one of the most important materials in today’s society. Unfortunately, it accounts for about 7% of global GHG emissions. The push to decarbonize this sector is urgent. And that’s where hydrogen comes in, the game-changer! As the steel industry is actively seeking avenues to reduce emissions, hydrogen emerges as a promising solution. With the potential to replace the current use of coke or natural gas in the steelmaking process (specifically in iron ore-based steel production), hydrogen stands to curtail emissions by a substantial 40-70%, while simultaneous increasing energy efficiency. Syzygy's ammonia e-cracking platform is ideal for producing hydrogen for the steelmaking industry. Powered by light, our technology abates harmful NOx emissions while efficiently converting low-carbon ammonia into ready-to-use hydrogen. Reach out today to discover how our innovative, ready-to-deploy solutions can spearhead decarbonization efforts across steel and other industries! #Steel #Decarbonization #CleanEnergy
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Methods to improve combustion processes in the glass, cement and steel industries 🎯 "Our goal is to assist industries that use combustion processes at high temperatures (+400°C). We help them lower their energy consumption and reduce carbon emissions. We do this in three ways, either separately or in combination. In no particular order: switching from natural gas to hydrogen, using pure oxygen instead of outside air, and CryocapTM carbon capture technology." Find out more: https://bit.ly/3W2mxxP
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🌿 The heavy industry needs a new infrastucture 🌿 🏭 Heavy industries – #steel, #cement, #chemicals – account for over 20% (1.6 Gt CO2e annually) of global final energy consumption and a significant share of CO2 emissions. Heavy industries rely on #fossil fuels for high-temperature processes and as a feedstock in chemicals. Coal has always been used in steel production, while natural gas plays a growing role. ⚗ Inherent chemical reactions during production create unavoidable #CO2 #emissions (steel and cement account for 40% of the industry's direct emissions). Note that #CST technology with thermal #storage can help reduce this reliance on fossil fuels. For instance: ➡ Electric Arc Furnaces (#EAFs) use electricity to melt scrap steel, reducing reliance on coal-fired blast furnaces. ➡ Direct Reduced Iron (#DRI): A natural gas-based process that creates iron for steel production with lower emissions than traditional methods. However, clean energy sources like hydrogen could replace natural gas in the future. What are your thoughts on this? Let me know in the comments! 💬 ------------------ 👉 Follow Mickael Lambrecht for daily news and insights on industrial innovation! (Image source: International Energy Agency (IEA) (2022), Achieving Net Zero Heavy Industry Sectors in G7 Members, IEA, Paris https://lnkd.in/d8NJbpuv, Licence: CC BY 4.0) #innovation #energy #renewableenergy #climateaction #industry
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