Reality Check: How Far Are We From Decarbonising the Green Steel Industry?
Time: 12:25 - 12:55
Date: 2 July 2024
Synopsis
The steel industry contributes 7% of the world’s CO2 emissions, 14.2% of UK greenhouse gas (GHG) emissions from manufacturing and 2.4% of total UK greenhouse gas emissions. GHG emissions need to be significantly reduced to meet the UK’s net-zero targets by 2050.
- The challenges and advancements in producing green steel at scale such as high technology investment costs, increased electricity prices, and the sourcing of hydrogen
- Next steps in the large scale transition from coal to hydrogen
- Is there a need for clearer policy frameworks?
Moderator
Lamé Verre Head of Strategy, Innovation & Sustainability - SSE plc
Speaker
Mark Allan Green Steel Leader, Research & Technology Leadership team - Materials Processing Institute
Greg Falzon Partner - AIP Management
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