The Role of Low Emissions Dispatchable Power in the Lowest Cost Net Zero System
- 20 September 2024
- Costs of CCUS
This study explores the interdependencies of different power generation technologies in a highly decarbonised future.
This website will offer limited functionality in this browser. We only support the recent versions of major browsers like Chrome, Firefox, Safari, and Edge.
Lawrence Hooey , Axel Bodén , Mikael Larsson , Mike Knights, Jeremy Johns , Vic Abraham , Andrew Tobiesen , Karl Anders Hoff , Geir Haugen, Steve Goldthorpe
Citation: IEAGHG, "Iron and Steel CCS Study (Techno-Economics Integrated Steel Mill)", 2013-04, July 2013.
The global steel industry has made significant investment in reducing CO₂ emissions mostly by raising their energy efficiency. However, to achieve a reduction of the direct CO₂ emissions per tonne of steel produced from BF-BOF route by greater than 50%, CO₂ capture and storage is required. Development of breakthrough technology such as oxy-blast furnace (OBF) is currently on-going within the steel industry but will require large scale demonstration to validate engineering design and optimisation of the process. This study presented one of the several options that could be employed for a steel mill with OBF and CO₂ Capture. Deployment of post-combustion capture technology, capturing CO₂ from various sources of flue gases within the integrated steel mill is technically possible and could be readily retrofitted to an existing steel mill. However, this study has demonstrated that this option could have significant costs implications on steel production which could affect the commercial viability of the steel plants fitted with CCS. The steel industry is a globally competitive industry and hence they will be reluctant to introduce cost disadvantages like adding CCS without some global agreement on emissions reduction.
Our authoritative, peer-reviewed publications cover topics that include carbon capture, transport, storage, monitoring, regulation, and more.
View All PublicationsGet essential news and updates from the CCS sector and the IEAGHG by email.
Whatever you would like to know, our dedicated team of experts is here to help you. Just drop us an email and we will get back to you as soon as we can.
Contact Us Now