As major consumers of coal-based steel, U.S. and E.U. automakers can catalyze market for green steelmaking The auto industry can eliminate more than 95% of greenhouse gas emissions from producing the steel for passenger vehicles by switching to fossil fuel-free steel, according to a new report released today by the … [continued]
The auto industry can become a lead market for low-carbon steel production in Europe if lawmakers set content requirements. Steel made with green hydrogen and electric arc furnaces, or produced from scrap, can reduce the CO2 emissions of producing cars in Europe by 6.9 Mt in 2030, new analysis shows. That’s … [continued]
Wolfsburg, Germany — Volkswagen AG and Vulcan Green Steel have signed a Memorandum of Understanding (MoU) for a partnership for low-carbon steel — a key element of Volkswagen’s green steel strategy. “Decarbonizing supply chains is a decisive factor for the Volkswagen Group on the road to carbon neutrality. We want … [continued]
A $7 billion green steel plant uncorks the green hydrogen bottleneck with on-site electrolyzer systems and renewable energy.
A project finance template is taking shape in Swedish steelmaking that could scale to clean industrial hubs around the world.
UK think tank ReThink Energy has produced its latest report on the transition of the steel industry, Green Steel Premium, Myth or Reality. Real green steel is possible, and now probable. They look at the effects coming from the Russian invasion of Ukraine and the subsequent impact on the price … [continued]
After a lull in green steel announcements, it seems like the quiet is being disturbed on many fronts. Tesla & Rethink Energy Green Steel Research Tesla has released its long-awaited Master Plan Part 3, which includes the statement: “Today hydrogen is produced from coal, oil and natural gas, and is … [continued]
Woke or not, Kentucky is behind a new green steel factory that supports President Joe Biden’s goal for offshore wind development in the US.
Green steel needs to overcome an iron ore supply chain bottleneck, and the startup Electra has a solution.
Green steel is on everyone’s lips these days as companies scramble to find new ways to make it with less carbon emissions.
