Original scientific paper

Decarbonized steel: pioneer for sustainable innovations

Marcel Hilgers

Abstract

Over the past two years, sustainability has developed into a business-critical issue for utility companies, grid operators and transformer manufacturers. EU regulatory requirements are becoming increasingly stringent, and the market is looking for efficient and successful solutions for responding to the ongoing green transformation.
thyssenkrupp Electrical Steel supplies one of the key components: CO2-reduced grain-oriented electrical steel.
There were times – and they were not so long ago – when a lean environmental footprint was something “nice-to-have” for companies active in the energy sector but by no means a “must-have”. In 2023, the outlook is different: virtually all globally active companies have, in the meantime, set themselves scientifically based emission reduction targets, some of which are highly ambitious. For example, Iberdrola, one of the largest electricity producers within the EU and a real heavyweight in the market, aims to reduce its CO2 emissions by almost 50 percent by 2030. It is expected that Scope 3 emissions will account for four-fifths of this amount, meaning the proportion that is generated along the entire value chain – and thus also at the suppliers.

Keywords

steel, sustainability, green transformation, electricity

Hrčak ID:

307295

URI

https://hrcak.srce.hr/307295

Publication date:

17.5.2023.

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