Demands for Renewable Hydrogen and Electricity for Iron and Steel Transition
Summary
The report assesses the renewable energy requirements for decarbonizing the EU steel industry, which currently accounts for approximately 5% of the region's CO2 emissions. It evaluates two primary scenarios based on scrap usage (0% vs 50%) and two value chain routes (EU-based vs imported iron) to determine the necessary scale of renewable electricity and hydrogen production to meet a 55% carbon emission reduction target by 2030.
Key insights
- The EU steel industry contributes approximately 5% of the region's CO2 emissions and must reduce these emissions by 55% by 2030 to meet climate targets.
- Decarbonizing the EU steel sector will require a substantial increase in renewable electricity demand, specifically to support the production of renewable hydrogen.
- The report's analysis utilizes data from LeadIT’s Green Steel Tracker to model two scrap-use scenarios (0% and 50%) and two sourcing routes (EU-based value chain versus iron sourced from outside the EU).
Cite the original document
- APA
- Stockholm Environment Institute (2024). Demands for Renewable Hydrogen and Electricity for Iron and Steel Transition. https://www.sei.org/publications/demands-renewable-hydrogen-electricity-iron-steel-transition/
- Chicago
- Stockholm Environment Institute. Demands for Renewable Hydrogen and Electricity for Iron and Steel Transition. 2024. https://www.sei.org/publications/demands-renewable-hydrogen-electricity-iron-steel-transition/.
- Wikipedia
- {{cite report |author=Stockholm Environment Institute |title=Demands for Renewable Hydrogen and Electricity for Iron and Steel Transition |date=11 November 2024 |url=https://www.sei.org/publications/demands-renewable-hydrogen-electricity-iron-steel-transition/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{stockholmenvironmentinstitute2024demands, author = {{Stockholm Environment Institute}}, title = {{Demands for Renewable Hydrogen and Electricity for Iron and Steel Transition}}, institution = {Stockholm Environment Institute}, year = {2024}, month = nov, url = {https://www.sei.org/publications/demands-renewable-hydrogen-electricity-iron-steel-transition/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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