Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy
Summary
The report outlines a roadmap for decarbonizing India's steel industry to prevent a projected 200 percent increase in sectoral emissions by 2050, proposing five technical levers and six strategic policy objectives to transition toward a green steel economy.
Key insights
- India's steel sector emissions are projected to increase by 200 percent by 2050, necessitating decarbonization to align with the country's climate goals and economic growth.
- The report identifies five primary technical levers for decarbonization: increasing energy efficiency, expanding the use of scrap, implementing carbon capture, utilization, and storage (CCUS), increasing the share of renewable electricity in captive consumption, and utilizing green hydrogen.
- The proposed roadmap for a low-carbon steel economy consists of six objectives: establishing green steel standards, advancing green energy uptake (green H2 and renewables), implementing green procurement policies, supporting R&D for breakthrough technologies like CCUS and direct electrification, promoting pilots and clusters, and creating financing frameworks such as green bonds.
Cite the original document
- APA
- RMI (2023). Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy. https://rmi.org/resources/decarbonising-the-indian-steel-industry/
- Chicago
- RMI. Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy. 2023. https://rmi.org/resources/decarbonising-the-indian-steel-industry/.
- Wikipedia
- {{cite report |author=RMI |title=Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy |date=27 March 2023 |url=https://rmi.org/resources/decarbonising-the-indian-steel-industry/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{rmi2023decarbonising, author = {{RMI}}, title = {{Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy}}, institution = {RMI}, year = {2023}, month = mar, url = {https://rmi.org/resources/decarbonising-the-indian-steel-industry/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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