India's Green Steel Revolution: Towards Net-Zero Emissions by 2070
Key Ideas
- Ministry of Steel in India has introduced a Taxonomy for Green Steel to set standards for low emission steel production.
- A roadmap and action plan titled 'Greening the Steel Sector in India' has been released to achieve net-zero emissions by 2070.
- Seven pilot projects for the use of hydrogen in the steel sector have been awarded under the National Green Hydrogen Mission.
- The National Solar Mission has been instrumental in promoting solar energy to reduce emissions in the steel industry.
The Ministry of Steel in India has taken significant steps to reduce CO2 emissions in the steel sector by transitioning to renewable energy sources. They have introduced a Taxonomy for Green Steel to define and categorize low emission steel. Additionally, a detailed report titled 'Greening the Steel Sector in India: Roadmap and Action Plan' has been released, aligning with recommendations from Task Forces to achieve net-zero emissions by 2070. The Ministry of Steel has awarded seven pilot projects focusing on the use of hydrogen in the steel sector under the National Green Hydrogen Mission. Furthermore, the National Solar Mission, initiated in 2010, plays a crucial role in promoting solar energy and reducing emissions in the steel industry. These efforts reflect a positive direction towards a sustainable and environmentally friendly steel production in India.