Strategic Approaches for CO2 Reduction Rate from Fossil Fuel Use in Steel Industry

"Technology advancements in fossil fuel based energy generation and consumption are currently being aimed at minimization of CO2 emissions. To attain energy security, India must accelerate the pace of economic development, while achieving reduction in CO2 emissions per unit of energy consumed. It would need access to advanced coal utilization technologies to be demonstrated on indigenous coal characteristics. Of specific importance would be: improvement in coal quality, increasing energy efficiency and suitability of other CO2 sequestration technologies for reducing CO2 footprints. There is need to address related risks and financial burden through adoption of policies and regulations including the issue of open access in energy research. In this paper, seven important areas of strategic plan that need to be pursued for managing CO2 emissions in steel energy sector in India are discussed.IntroductionWorld is facing a crisis of climate change, which follows in the footsteps of global energy and environment crises. Accumulation of carbon dioxide from the generation and utilization of energy is leading to greenhouse warming and climate change. The global warming is causing the boundary between four seasons to be fuzzy and resulting in more spiky weather. Significance of its impact on environment is also determining the technology development needs in various sectors of economy for taking remedial measures.To respond to climate change concerns, the steel industry is undergoing a transition. It is at the threshold of a rapid change in technology as it targets innovation to achieve 50% reduction of CO2 emissions per ton of steel produced. Fossil fuel use is the main contributor of increasing concentration of carbon dioxide in the atmosphere. The control of air pollution and CO2 capture are thus relevant for a coal based industry, whether thermal power plant or a demand side energy intensive industry. World steel production has shown phenomenal increase in first eight years of 21st century increasing from 780 Mt in 2000 to 1343 Mt in 2008 [1]. It was merely 28 Mt in 1900. The global CO2 emissions from steel industry are also increasing and became 2550 Mt (3-4% of total GHG). Indian industry contribution was 161 Mt (15% of direct emissions from industry). It is likely to grow further to keep pace with the accelerated economic growth of 8-9% per annum."