ArcelorMittal Europe announced details of how it plans to be carbon neutral by 2050 in its first Climate Action Report released today. Building on the work of a company that has demonstrated that the steel process can be carbon neutral, the report details the groundbreaking work currently under way to reduce emissions by 30% by 2030 before reaching net zero in 2050.
The company is the pioneer of two breakthrough carbon emissions. – neutral routes for steel production: Smart Carbon and an innovative route based on DRI. Smart Carbon is a carbon neutral steelmaking route that uses all the clean energies of circular carbon, clean electricity, and carbon capture and storage under high temperature pig iron reduction conditions. In the first phase, Smart Carbon will use mostly circular carbon. Achieving carbon neutral steel production through DRI involves a shift from using primarily natural gas to hydrogen as the primary reductant in iron production. When this hydrogen turns green, ”the steelmaking process approaches carbon neutrality.
While both the Smart Carbon route and the DRI route have the potential to deliver carbon neutral steel by 2050, an important difference between the two routes is that Smart Carbon can achieve results faster through the use of complementary technologies that drive incremental progress. Smart Carbon has unique potential not only to produce carbon-neutral steel, but also carbon-neutral cement and building blocks to produce recycled carbon materials to replace polyethylene-based plastics. Smart Carbon can also help remove CO2 through increased use of circular carbon, sustainable biomass and waste, combined with CCS expansion.
By investing in both routes and recognizing the need to act now to tackle climate change, this means ArcelorMittal Europe can significantly reduce 1 CO2 emissions, including all process emissions, by 2030 from the 2018 baseline, anticipating large-scale large-scale. affordable renewable energy sources required for hydrogen-based steel production. Thus, ArcelorMittal Europe 2030’s goal is to combine Smart Carbon technology and increased scrap utilization, in particular by developing new ways to increase the use of low-quality, difficult-to-recycle scrap metal in the primary steel production process.
In the longer term, both routes can use all three clean energy sources to achieve carbon neutrality, namely:
clean electricity (generated by sources such as solar energy and wind),
Circular carbon (using bio-waste materials such as sustainable forestry and agricultural waste to produce bioenergy)
Carbon capture and storage (capture CO2 before it is emitted, transport and store safely underground).