JSW Steel has signed an agreement with BHP and Carbon Clean to speed up the adoption of carbon capture technology in the steel production process. This partnership aims to reduce the steel sector’s carbon footprint, which currently accounts for 12% of India’s greenhouse gas emissions. India’s steel industry emits an average of 2.5 tonnes of CO2 per tonne of crude steel, compared to the global average of 1.9 tonnes.
The collaboration will focus on exploring Carbon Clean’s CycloneCC modular technology, which has the potential to capture up to 100,000 tonnes of CO2 annually. This would be the largest-scale deployment of CycloneCC technology in the steel industry to date. The technology aims to reduce the cost and physical footprint of carbon capture by up to 50%, using advanced equipment that is significantly smaller than traditional carbon capture systems.
The joint studies, expected to be completed by 2026, will assess the feasibility of implementing this technology at JSW Steel’s Vijayanagar plant in Karnataka. If successful, JSW Steel plans to liquefy the captured CO2 for local sale. This project represents a key step in scaling up carbon capture efforts and evaluating their potential economic and environmental benefits.
JSW Steel’s Joint Managing Director and CEO, Jayant Acharya, reaffirmed the company’s commitment to reducing carbon emissions, stating, “We have already cut our carbon emissions intensity by 30% from the 2005 baseline and aim to further reduce it to 1.95 tonnes of CO2 per tonne of steel by 2030, with a goal of achieving net-zero emissions by 2050.”
BHP’s Chief Commercial Officer, Rag Udd, added, “While we are exploring various pathways to decarbonise steelmaking, including hydrogen and renewable power, carbon capture and storage (CCUS) remains critical for addressing emissions from blast furnace operations, particularly in India.”
JSW Steel is a prominent player in the Indian steel industry, known for its commitment to quality and innovation. As part of the JSW Group, one of India’s leading conglomerates, JSW Steel has established itself as a key manufacturer of flat and long steel products.
The company operates state-of-the-art facilities, employing advanced technologies to enhance efficiency and reduce environmental impact. With a production capacity exceeding 18 million tonnes per annum, JSW Steel plays a crucial role in supporting various sectors, including construction, automotive, and infrastructure.
The company is dedicated to sustainable practices, actively pursuing initiatives to reduce carbon emissions and promote resource conservation. Additionally, JSW Steel has made significant investments in expanding its footprint both domestically and internationally, further solidifying its position as a leader in the global steel market. Through a combination of strategic growth and a focus on innovation, JSW Steel continues to contribute to India’s industrial development and economic growth.