Name: Steel's roadmap to decarbonisation in an accelerated energy transition two-degree warming scenario
Brand: Wood Mackenzie
SKU: 137402
Price: 1050 USD
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Author: Wood Mackenzie

Insight 09 July 2021

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Steel is responsible for 7% of global CO2 emissions. This industry needs to decarbonise if the world is going to achieve a two-degree warming pathway aligned to the goals of the Paris climate agreement. • What does steel need to do to be compliant with a two-degree world? • How can steel decarbonise to this extent? • And why is it not the Wood Mackenzie base case that decarbonisation will be successful? We have explored an alternative scenario, beyond our base case, whereby steel follows a two-degree warming pathway. The challenge is immense. A revolution in steelmaking is required for success. It is not our base case; we don’t think it will happen. Read the report and decide if you believe steel can follow the AET 2.0 pathway…</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive summary
    </li>

<li class="list__item-toggle">
        <a href="#0b3cf79f-0122-466b-ae69-d7dfa9de576c" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="0b3cf79f-0122-466b-ae69-d7dfa9de576c" aria-expanded="false">
            Steel AET 2.0 scenario analysis
        </a>
        <ul id="0b3cf79f-0122-466b-ae69-d7dfa9de576c" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Steel demand is unchanged from the base case
    </li>
    <li class="push-quarter--bottom">
        Carbon emissions from the steel sector must fall by 75%
    </li>
    <li class="push-quarter--bottom">
        Steel production methods must change
    </li>
    <li class="push-quarter--bottom">
        1) Double the scrap use in steelmaking
    </li>
    <li class="push-quarter--bottom">
        2) DRI gains high traction - Tripling production from current levels
    </li>
    <li class="push-quarter--bottom">
        3) Reduce EAF emissions intensity by around 70%
    </li>
    <li class="push-quarter--bottom">
        4) Reduce BF-BOF emissions intensity close to its theoretical minimum
    </li>
    <li class="push-quarter--bottom">
        5) Capture and store 500 Mt of carbon dioxide – around 46% of the residual
    </li>

<li class="list__item-toggle font-semibold">
        Conclusion
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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

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         <li class="list__item push-quarter--bottom">Base case emissions by segment</li><li class="list__item push-quarter--bottom">AET 2.0 emissions by segment</li><li class="list__item push-quarter--bottom">A slight rise in scrap availability by 2050</li>
     </ul>
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        <ul class="list list--bullets panel-toggle" id="fc04037731a346de9977f76bb0884dc9">
            <li class="list__item push-quarter--bottom">Scrap consumption to improve significantly</li><li class="list__item push-quarter--bottom">DRI production in AET2.0 vs base case</li><li class="list__item push-quarter--bottom">Technology-wise DRI and EAF production</li><li class="list__item push-quarter--bottom">DRI trade – key importers and exporters</li><li class="list__item push-quarter--bottom">Global CCUS requirement vs usage efficiency</li><li class="list__item push-quarter--bottom">Region-wise CCUS requirement</li><li class="list__item push-quarter--bottom">Hydrogen demand at region level</li><li class="list__item push-quarter--bottom">Hydrogen demand in BOF v EAF</li>
        </ul>
        
    </div>

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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Appendix Methodology Inputs And Assumptions.pdf</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>496.81 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Steel’S Roadmap To Decarbonisation In An Accelerated Energy Transition Two Degree Warming Scenario.xlsx</p>
<p class="uppercase delta">
    <span>XLSX</span>
    <span>108.68 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Steel’S Roadmap To Decarbonisation In An Accelerated Energy Transition Two Degree Warming Scenario.pdf</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>2.27 MB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Steel's roadmap to decarbonisation in an accelerated energy transition two-degree warming scenario</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>1.05 MB</span>
</p>
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