Forging a sustainable future with the rise of green steel
At a glance
The global steel industry, which accounts for 7% of human-made emissions, is at a crossroads in its journey towards sustainability. Central to this transformation is the use of hydrogen, creating a need for supply chain shift at the global level, a formidable challenge for the industry.
The transition to green steel requires hydrogen, the hydrogen sector needs the steel industry to provide offtake demand at scale. This paper explores the global opportunity for the sector to decarbonise by transitioning to hydrogen-based steel production.
Addressing key topics within the conversation on decarbonising steel, from financing H2-DRI projects, accelerating supply-chain shifts and addressing policy as a driver for meaningful progress, this paper is a real-world glimpse into the innovation, collaboration, and opportunity for stakeholders across Europe and the rest of the world. Through the combined efforts of governments, industries, and stakeholders, we can realise a future where steel isn’t just strong and reliable but also green and sustainable.
GHD is committed to unlocking sustainable pathways to net zero, and we see the development of a hydrogen economy as a critical part of the broader decarbonisation puzzle.
To find out more about GHD’s expertise in helping industry and governments on their hydrogen strategies, assessment of project feasibility and techno-economic modelling, pre-FEED and FEED work, as well as Due Diligence work to support complex investment decision making, on projects across the hydrogen supply chain, please get in touch.