Net Zero Industry Tracker 2024 Steel
Page 6 of 14 · WEF_Net_Zero_Industry_Tracker_2024_Steel.pdf
TechnologySTEEL
Technologies to implement the decarbonization
levers are at different readiness levels. Three key
pathways are currently available: increased use of scrap, use of clean hydrogen for primary steel
production and CCUS technology for primary
steel production.
Decarbonization TRLs and year of commercial availability FIGURE 43
Electrolyser-EAF (2035)
Small prototype
1235679101 1
Large prototypeDemonstrationEarly adoptionMature
ConceptBF-BOF with BECCS (2026)
48
DRI-EAF with CCS (2028)
Increase in TRL vs. 2023DRI-EAF with natural gas
DRI-melt-BOF with CCS (2028)
DRI-EAF-100% green hydrogen (2028)
DRI-melt-BOF 100% green hydrogen (2028)
BF-BOF with CCS (2028)
BF-BOF with CCU (2028)
Smelting reduction with CCS (2030)
Electrowinning-EAF (2035)
Source: Accenture analysis based on data from IEA ETP Clean Energy Technology Guide and MPP .
Net-Zero Industry Tracker: 2024 Edition
6
Ask AI what this page says about a topic: