“Clean energy at competitive prices is key to achieving the steel industry’s low-carbon goals,” Eurofer director general Axel Eggert tells Kallanish. “The transition to carbon-lean steelmaking will require 400 terawatt hours of CO2-free electricity per year. Of this, nearly 250 terawatt hours is needed for the production of 5.5 million tonnes of hydrogen, which would be used in new processes to make ‘green’ steel. With this, around 5% of the EU’s total CO2 emissions could be avoided.”
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