GREEN STEEL - ECONOMY
News: Emissions
dip, Govt may make ‘green steel’ mandatory: Jyotiraditya Scindia
What's in the news?
● Union
Minister of Steel Jyotiraditya Scindia on Monday told Rajya Sabha that the government was considering mandating the
use of “green steel” in government projects.
● He
said emissions from the steel industry
have been brought down by 15% between 2005 and 2022 and Centre targets an
additional 10% reduction in emissions by 2030.
● He
also added that energy consumption per tonne of steel produced has also come
down as well as emission intensity in terms of CO2.
Green Steel:
● It
is steel which is manufactured without
the use of fossil fuels.
● This
can be done by using low-carbon energy
sources such as hydrogen, coal gasification, or electricity.
Transitions in the Indian steel sector:
● More
than 80% of the country’s reserves are in the states of Odisha, Jharkhand, West
Bengal, Chhattisgarh and the northern regions of Andhra Pradesh.
● Western
states Gujarat, Maharashtra and Karnataka have made good use of the available
non-conventional sources of energy in the region.
Decarbonizing Iron and Steel sector:
In
order to decarbonize the iron and steel sector, the primary emphasis through technological interventions would be on
substituting the primary production processes with cleaner alternatives. Such
as
● Carbon
capture, utilization and storage (CCUS).
● Replacing
conventional sources of energy with low-carbon hydrogen.
● Direct electrification
through electrolysis of iron ore.
Steps taken to make Green Steel economical: