How Far Are We From Green Steel At Scale?

Synopsis

• A exploration of how close a large scale transition from coal to hydrogen actually is, and what more is needed to eliminate the 9% of global emissions steel is responsible for.
• Discussing the impact of the expected rise in electricity demand for steel production to 1,850 TWh by 2050 and the essential role of green hydrogen in cutting CO2 emissions.
• Discussing the cost implications of transitioning to hydrogen, with the transition for steelmakers in Europe requiring an estimated $130 billion of investment (before grants).