Transformers Magazine, Vol. 11 No. SE1, 2024.
Original scientific paper
Sustainability in the electrical steel industry - A closer look at investments and technical innovations
Marcel Hilgers
Abstract
This article explores the pivotal role of sustainability in the electrical steel industry, focusing on investments and technical innovations driving environmental progress. A notable investment is the DR plant, utilizing hydrogen as a reducing agent to minimize carbon emissions. With a capacity of 2.5 million tons and annual CO2 savings of 3.5 million metric tons, the plant is instrumental in achieving climate targets while ensuring economic resilience. Strategies such as Power Purchase Agreements and CO2-reduced GOES demonstrate a commitment to carbon neutrality. Collaboration among stakeholders is emphasized as crucial for fostering green lead markets and shaping supportive policies for a sustainable future
Keywords
steel manufacturing; direct reduction plant; hydrogen; sustainability; CO2 emission reduction
Hrčak ID:
316919
URI
Publication date:
13.5.2024.
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