The global steel industry is turning away from polluting coal-fired blast furnaces and toward cleaner electric arc furnaces, which now account for roughly half of all planned steelmaking capacity, according to a new report.
The global steel industry is turning away from polluting coal-fired blast furnaces and toward cleaner electric arc furnaces, which now account for roughly half of all planned steelmaking capacity, according to a new report.
“The progress is promising for a green steel transition,” said Caitlin Swalec, of Global Energy Monitor, which undertook the analysis. “Never before has this much lower-emissions steelmaking been in the pipeline.”
Recently announced steelmaking projects are overwhelmingly electric arc furnaces, which now amount to 49 percent of all planned capacity. By the end of this decade, electric arc furnaces will account for more than a third of steelmaking.
Read more at: Yale Environment 360
An electric arc steel furnace in Georgsmarienhütte, Germany. (Photo Credit: GMH OFFICIAL VIA WIKIPEDIA)