Government Initiatives to Promote Green Steel Technologies and Recycled Steel Production
Key Ideas
- Formation of 14 Task Forces involving various stakeholders led to recommendations on decarbonisation levers including Green Hydrogen and Carbon Capture.
- Introduction of National Green Hydrogen Mission and National Solar Mission to promote green energy in the steel sector.
- Implementation of energy efficiency schemes like the PAT scheme and adoption of Best Available Technologies in steel industry.
- Initiatives like the Steel Scrap Recycling Policy and Motor Vehicles Rules aim to enhance availability of recycled steel and promote circular economy.
The Government of India has taken significant steps to encourage the adoption of 'green steel' technologies and promote sustainability in the country's steel manufacturing sector. Task Forces comprising industry experts, academia, and government bodies have discussed and recommended various decarbonisation measures, including Green Hydrogen, Carbon Capture, and Renewable Energy. Initiatives like the National Green Hydrogen Mission and National Solar Mission aim to boost the use of green energy in steel production. Schemes such as the PAT scheme incentivize energy efficiency in the steel industry, while the adoption of Best Available Technologies and projects like NEDO Model Projects focus on energy efficiency improvements. The introduction of the Carbon Credit Trading Scheme further incentivizes greenhouse gas emissions reduction by steel companies. Additionally, efforts to promote recycled steel production include the Steel Scrap Recycling Policy and Motor Vehicles Rules, which aim to increase the availability of scrap for steelmaking, promoting a circular economy and green transition in the sector.
Topics
Green Hydrogen
Renewable Energy
Energy Efficiency
Carbon Reduction
Government Initiatives
Steel Sector
Recycled Steel Production
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