Evaluation of Techno-Economic Viability of Carbon Capture Utilization and Storage (CCU&S) With Carbon Credits for Steel Plants
(Room 401)
07 May 19
3:00 PM
-
3:30 PM
Carbon capture, use and storage (CCU&S) is an essential complement to the global efforts to reduce CO2 emissions from the steel industry. In North America, quality and competitive dynamics will likely induce the adoption of increasing charge material flexibility with hot metal/pig iron and DRI complements in EAFs. In Asia, carbon-intensive steel capacities will remain dominant. Steel mills need to evaluate the techno-economics of CCU&S, taking advantage of carbon capture credit mechanisms like Section 45Q in the U.S. We evaluate and compare the techno-economics of carbon capture with credits for different steelmaking routes to form “capture clusters” for sustainable and economically viable steel production.