Description
The transition towards low-carbon steelmaking depends not only on new production technologies, but also on access to reliable, affordable and increasingly low-carbon energy. As the steel industry works towards decarbonisation, electricity availability, price stability and energy infrastructure are becoming critical factors in determining the feasibility and competitiveness of future steel production.
Although renewable energy generation costs have declined significantly, integrating these technologies into electricity systems presents new challenges. Grid congestion, rising demand from data centres, additional system-level costs and regulatory uncertainty are creating a more complex energy landscape for energy-intensive industries.
How can the steel sector secure the energy it needs while remaining competitive and progressing towards its decarbonisation goals?
In this steelTalk, Dr Barış Bekir Çiftçi, Director of Industry Analysis at the World Steel Association (worldsteel), will examine global energy supply, demand and cost trajectories, the structural bottlenecks affecting power availability, and emerging solutions to support industrial decarbonisation.
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