Technologies to decarbonise the EU steel industry
This report provides a snapshot of the current steel production landscape in the EU and discusses the future technologies that are being explored by the sector to decarbonise its processes, describing the transformational change the industry faces. This report compiles the current pilot projects and announcements to deploy breakthrough steelmaking technologies, which will require high capital investments. However, with 2050 just one investment cycle away, the sector needs to commercialise new low-CO2 technologies this decade to avoid the risk of stranded assets. As the blast furnace-based production route is highly CO2-intensive and EU mills are already operating close to optimum efficiency, the industry appears to be focussing on hydrogen-based steelmaking, while carbon capture storage and utilisation technologies are still being explored to reduce emissions in the interim. As this report shows, the EU has played an important role in supporting early stage R&D for these technologies, however there is still a funding gap in the commercialisation of breakthrough technologies. The recent momentum towards CO2-free steel provides the EU with the opportunity to be a frontrunner in creating markets for green steel and setting standards for green public procurement.
SOMERS Julian;
Somers, J., Technologies to decarbonise the EU steel industry, EUR 30982 EN, Publications Office of the European Union, Luxembourg, 2022, ISBN 978-92-76-47147-9, doi:10.2760/069150, JRC127468.
2022-02-03
Publications Office of the European Union
JRC127468
978-92-76-47147-9 (online),
1831-9424 (online),
EUR 30982 EN,
OP KJ-NA-30982-EN-N (online),
https://publications.jrc.ec.europa.eu/repository/handle/JRC127468,
10.2760/069150 (online),
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