When we contemplate cars, our thoughts often gravitate toward the emissions they produce, but we seldom consider what goes into their construction. For those of us who aren't engineers, it might come as a surprise that steel is a fundamental component in the making of automobiles.
To put it in perspective, steel contributes to more than 7% of the world's total CO2 emissions. The International Energy Agency (IEA) explains the reason behind this, stating, "Steel production heavily relies on coal, primarily serving as a reducing agent to extract iron from iron ore and provide the necessary carbon content for steel." The IEA also emphasizes the urgency of accelerating efforts to align with the Net Zero Emissions by 2050 Scenario.
In response to this challenge, H2 Green Steel has emerged as a significant player. This startup company has introduced what they call "Green Steel" by reimagining the production process. Their innovation hinges on several key strategies:
- Implementing a digitised production process
- Using fossil-free energy sources
- Substituting coal with green hydrogen
While this might simplify the technical aspects of the transformation, you can delve into more details here. What's equally noteworthy is that this environmentally friendly steel ultimately finds its way into our cars. H2 Green Steel has already forged agreements with notable automakers like Volvo, Porsche, and Mercedes, underscoring once more that sustainability is a multifaceted endeavor.
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