Sharing ideas that do good

Green steel- a huge opportunity

post-image

Swedish steel maker SSAB has announced a joint venture with iron ore producer LKAB and utility Vattenfall. The purpose of this partnership is to develop the world’s very first fossil-free, iron ore-based steelmaking process. The by-product created when using fossil-free electricity and hydrogen, instead of coke and coal in steelmaking, is water instead of carbon dioxide.

The plan is to establish a demonstration plant at scale in 2026.  The project has the potential to cut Sweden’s total carbon dioxide emissions by ten per cent.

https://rmi.org/green-steel-a-multi-billion-dollar-opportunity/

What do you think?

You must be logged in to post a comment.
Comments
Lynn Wood @ 2020.10.03 3:32 AM
Green steel ideas on IdeaSpies https://www.ideaspies.com/search?q=Green+steel

Generic placeholder image

By Lynn Wood

3 October 2020

 
6 Like


Related Posts

Energy

post-image

Ammonia Engine
11 April 2021 by Thomas Gao 0 Comments
 
2 Like

Energy

post-image

Turn your town into an energy-lab
11 April 2021 by Kylie Hargrea... 0 Comments
 
2 Like

Energy

post-image

Giant exhaust fans to absorb carbon dioxide from the air
11 April 2021 by Lynn Wood 0 Comments
 
2 Like