Page 23 - Steel Tech India eMagazine Volume January 2023

92/ Ć ,668( Ć 2FWREHU

‡ 7KH JHQHUDWLRQ RI WUDGDEOH FUHGLWV IRU FRPSDQLHV Bibliography
whose emissions intensity is lower than the 1. Decarbonising steelmaking: technology options
benchmark
and regional pathways: A BHP Presentation
‡ 7KH JHQHUDWLRQ RI REOLJDWLRQV IRU FRPSDQLHV ZKRVH
emissions intensity is higher than the benchmark 2. Nippon Steel : Carbon Neutral vision 2050
‡ &RYHUDJH RI LPSRUWHG SURGXFWV 3. Transitioning India’s steel and cement industries to
Thus, a comprehensive enabling policy framework low carbon pathways: A SNAPFI Study
VSHFL¿FDOO\ FRYHULQJ WKH GHPDQG VLGH DV ZHOO DV WKH 4. Pathways for Low-Carbon Transition of the Steel
supply side of these industries can be an important Industry—A Swedish Case Study
supplementary tool towards reducing carbon footprint.

Conclusion 5. Low Carbon Rodmap-Pathways to CO neutral
2
European Steel Industry
It is obvious that radical changes are a must for emissions
reduction. The steel sector is willing to undergo the ,QGXVWULDO GHFDUERQL]DWLRQ DQG HQHUJ\ HႈFLHQF\
required transformation, but this cannot be done in URDGPDSV WR ,URQ 6WHHO 3DWKZD\V WR
isolation. Instead, it should be done in cooperation Decarbonization, DNV-GL
with policy making bodies, the energy sector and ,URQ 6WHHO 7HFKQRORJ\ URDGPDS WRZDUGV PRUH
other industries. Given the asset-intensity of the steel sustainable steelmaking : IEA document
industry, the implementation of low-carbon technologies
(including engineering, permitting, construction) will 8. Decarbonisation options for dutch steel industry,
QHHG VLJQL¿FDQW WLPH +HQFH LQFUHPHQWDO RSWLRQV Midden
characterized by smaller incremental CO savings in
2 7RZDUGV D ORZ FDUERQ VWHHO VHFWRU 7(5, 6KDNWL
GLႇHUHQW SDUWV RI WKH SURGXFWLRQ FDQ EH DQ LPSRUWDQW foundation
RSWLRQ 6LJQL¿FDQW SROLF\ LQFHQWLYHV IRU WKH UROO RXW RI
new technologies will go a long way in accelerating the 10. Towards a tradable, low carbon product standard
pace of change. for steel, World Resources Institute

STEEL TECH