Picture this: green hydrogen plants next to green steelworks to boost efficiency and kickstart both industries
Just last week, United States President Joe Biden and Australian Prime Minister Anthony Albanese unveiled a climate pact to boost cooperation.
- Just last week, United States President Joe Biden and Australian Prime Minister Anthony Albanese unveiled a climate pact to boost cooperation.
- If we locate green hydrogen plants near green steel facilities, we can shift the highly polluting steel industry away from fossil fuels.
- This green hydrogen would be piped a short distance to a green steel plant, which uses hydrogen and electricity to produce iron from the ore, and then an electric arc furnace to smelt steel.
Why is Australia so well placed?
- Under our red dirt lies an estimated 56 billion tonnes of iron ore, as of 2021.
- We also profit from the current emissions-heavy way of making steel, by exporting $72 billion worth of metallurgical coal.
- Clean steelmaking will bring major change to our iron ore exports if other countries take it up.
- Australia has vast reserves of magnetite ore, which previously hasn’t been in as much demand.
Where should we co-locate these plants?
- That makes them the logical first choice to co-locate solar, wind and hydrogen with iron and steelmaking.
- Steel will become even more important given it’s so vital to manufacturing solar and wind.
- First, it avoids the problem of transporting hydrogen, which, especially in liquid form, can be expensive and energy-intensive to transport.
- Policies to boost renewable energy and develop the hydrogen economy will create a more conducive environment for green steel production.
- He is affiliated with the Monash Energy Institute and the Monash Hydrogen Energy Research Node at Monash University.