Decarbonization of Industry: Steel

December 29, 2021 | State of the Market Report

The steelmaking sector emits more than 2 gigatonnes of carbon dioxide per year, driven primarily by emissions from the consumption of coal and natural gas. In this report, we use the Lux Decarbonization Framework to assess the technologies available to decarbonize the steel sector. The report outlines the challenges in decarbonizing steel and categorizes the emission abatement technologies according to their complexity, ease of adoption, and potential for emission reduction.

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Industrials
Oil and Gas
Utilities

Title page
EXECUTIVE SUMMARY The Lux Decarbonization Radar provides a technology roadmap for the decarbonization of steel
Contents
Introduction
The steelmaking process
Decarbonization of steel
DECARBONIZATION OF STEELMAKING Retrofit Technologies
DECARBONIZATION OF STEELMAKING Transformational Technologies
DECARBONIZATION OF STEEL The Lux Decarbonization Radar provides a technology roadmap for the decarbonization of steel
Outlook

Lead Analysts

Mukunda Kaushik

Senior Research Associate

Runeel Daliah

Principal Analyst

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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