cover image: Achieving Net Zero Heavy Industry Sectors in G7 Members - Peter Levi, International Energy Agency OECD Steel Committee, Paris, September 2022

Achieving Net Zero Heavy Industry Sectors in G7 Members - Peter Levi, International Energy Agency OECD Steel Committee, Paris, September 2022

19 Sep 2022

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Slide 2 The G7 moves faster than the rest of the world Production by route in the G7 and the rest of world in the Net Zero Emissions by 2050 Scenario Primary steel Clinker for cement 100% 75% 50% 25% 0% 2020 2030 2050 2020 2030 2050 2020 2030 2050 2020 2030 2050 G7 ROW G7 ROW Conventional routes CCUS-equipped Hydrogen-based Other Among the G7, by 2030, near zero emission routes account for more th. [...] Slide 3 Governments hold the pen: a policy toolbox for the industry transition Driving force: stakeholder collaboration Governments, producers & other actors Framework fundamentals Planning and policy for long-term CO2 emission reductions Mobilising finance and investment Targeted actions for specific technologies and strategies Production technologies Demand & recycling Creating a market for near. [...] Slide 4 Definitions of near zero emission material production Near zero emission steel and cement production emissions intensity thresholds 400 125 30% scrap use: potential sub- division between primary and secondary production 100 300 75 200 Near zero emission Near zero emission 50 cement production crude steel production 100 25 0 0 0% 20% 40% 60% 80% 100% 0.0 0.2 0.4 0.6 0.8 1.0 Scrap use (share. [...] Finance a portfolio of demonstration projects for near zero emission industrial production technologies 3. [...] Value interim steps taken to substantially lower emissions intensity, without compromising the stringency of the thresholds for near zero emission production 4.

Authors

DELMASTRO Chiara, IEA/STO/ETP/EDT

Published in
France