A Bridge to the Future - Steel: a key partner in the European low-carbon economy of tomorrow
Document Date: 2009-03-12
Document Type: Miscellaneous
After a brief review of today's situation and probable scenarios for the future, this paper aims at showing how the steel sector intends to contribute to a more competitive and sustainable Europe. The document will clarify what has already been achieved and what could be the contribution of the steel sector to the European low-carbon economy in the future.
After a successful first phase the most important and innovative project worldwide to tackle the CO2 emissions, ULCOS, is now moving to a second demonstration phase which necessitates Carbon Capture and Storage (CCS). The investments requested by the development of the most advanced of these technologies, the Top Gas Recycling Blast Furnace (TGRBF) are substantial and involve a certain degree of risk but are indispensable to consolidate Europe's technological lead in steelmaking. For that reason, the steel industry has been advocating the need for appropriate financial incentives from the European Union and national governments to provide the necessary support for its members to engage in the TGR-BF project. The steel industry also needs to be selected for one of the European flagship CCS demonstration projects to be in operation before 2015.
With energy savings, recycling of products and breakthrough technologies the steel industry offers a complete set of long term solutions to meet the climate change challenge.
Furthermore through its innovative initiatives, the steel sector is ready to participate in the three major partnerships between public and private sectors that have been identified in the European Economic Recovery Plan with regard to automobile, construction and technology in manufacturing as these dedicated R&D programmes have been given priority in the Strategic Research Agenda of the steel platform ESTEP since its creation.
Programme(s): COAL-STEEL-RTD C