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DOI10.1016/j.enpol.2022.113100
Policy and pricing barriers to steel industry decarbonisation: A UK case study
Richardson-Barlow, Clare; Pimm, Andrew J.; Taylor, Peter G.; Gale, William F.
发表日期2022
ISSN0301-4215
EISSN1873-6777
卷号168页码:12
英文摘要Global climate targets have highlighted the need for a whole-systems approach to decarbonisation, one that includes targeted national policy and industry specific change. Situated within this context, this research examines policy and pricing barriers to decarbonisation of the UK steel industry. Here the techno-economic modelling of UK green steelmaking provides a technical contribution to analysis of pricing barriers and policy solutions to these barriers in the UK specifically, but also to the broader industrial decarbonisation literature. Estimated costs and associated emissions projections reveal relevant opportunities for UK steel in contributing to national climate and emissions targets. Modelling demonstrates that green steelmaking options have been put at price disadvantages compared to emissions-intensive incumbents and that fossil-free hydrogen-based steelmaking has lower emissions and lower levelised costs than carbon capture and storage options, including top gas recycling blast furnace (TGR-BF) with CCS, and HIsarna smelter with CCS. Two primary policy recommendations are made: the removal of carbon pricing discrepancies and reductions in industrial electricity prices that would level the playing field for green steel producers in the UK. The research also provides relevant policy considerations for the international community in other industrial decarbonisation efforts and the policies that must accompany these decarbonisation choices.
英文关键词Carbon border adjustment mechanisms; Electricity prices; Green steelmaking; Industry standards; International competition; Net zero
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000863251500017
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272045
作者单位University of Leeds; University of Leeds
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GB/T 7714
Richardson-Barlow, Clare,Pimm, Andrew J.,Taylor, Peter G.,et al. Policy and pricing barriers to steel industry decarbonisation: A UK case study[J],2022,168:12.
APA Richardson-Barlow, Clare,Pimm, Andrew J.,Taylor, Peter G.,&Gale, William F..(2022).Policy and pricing barriers to steel industry decarbonisation: A UK case study.ENERGY POLICY,168,12.
MLA Richardson-Barlow, Clare,et al."Policy and pricing barriers to steel industry decarbonisation: A UK case study".ENERGY POLICY 168(2022):12.
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