<p>India’s Union Minister for Steel Mr Ram Chandra Prasad Singh informed Lok Sabha that over the years the Indian steel industry has reduced its energy consumption and carbon emissions substantially with the widespread adoption of Best Available Technologies in the modernisation & expansions projects. The average CO2 emission intensity of the Indian steel industry has reduced by 16% from around 3.1 tonne per tonne of crude steel in 2005 to around 2.6 tonne per tonne by 2020.</p> <p>He informed “To mitigate and adapt to the adverse impact of climate change India has introduced various measures under the umbrella of National Action Plan for Climate Change. National Mission for Enhanced Energy Efficiency is one of the eight missions under NAPCC. The Perform Achieve & Trade is a flagship scheme under NMEEE. It is a market based mechanism for enhancing energy efficiency, under which specific targets of energy savings are set. Those achieving the set targets are awarded Energy Saving Certificates, ESCerts, equal to 1 Metric Tonne of Oil Equivalent. Those unable to meet their assigned targets are required to purchase ESCerts from the overachievers through a centralised online trading mechanism. The Indian steel industry is an important stakeholder under the PAT Scheme. The Steel sector has been able to achieve the total targeted energy savings from PAT Cycles PAT-I, PAT-II & PAT-III for the period from 2012- 20 to the tune of 5.5 Million Tonne of Oil Equivalent and corresponding CO2 reduction of 20 million tonne.”</p> <p>He added “Further, the steel sector has been made an important stakeholder in the National Green Hydrogen Energy Mission to facilitate deployment of green hydrogen in the iron & steel making process. Under this initiative it has been proposed to set up two Pilot Plants under the Public & Private Partnership to explore the feasibility of using green H2 in Direct Reduced Iron production.”</p> <p>Incidentally, World Steel Association 2021 May study Climate Change and the Production of Iron and Steel highlighted that in 2020, on average, every tonne of steel produced led to the emission of 1.85 tonnes of C02.India’s Union Minister for Steel Mr Ram Chandra Prasad Singh informed Lok Sabha that over the years the Indian steel industry has reduced its energy consumption and carbon emissions substantially with the widespread adoption of Best Available Technologies in the modernisation & expansions projects. The average CO2 emission intensity of the Indian steel industry has reduced by 16% from around 3.1 tonne per tonne of crude steel in 2005 to around 2.6 tonne per tonne by 2020.</p> <p>He informed “To mitigate and adapt to the adverse impact of climate change India has introduced various measures under the umbrella of National Action Plan for Climate Change. National Mission for Enhanced Energy Efficiency is one of the eight missions under NAPCC. The Perform Achieve & Trade is a flagship scheme under NMEEE. It is a market based mechanism for enhancing energy efficiency, under which specific targets of energy savings are set. Those achieving the set targets are awarded Energy Saving Certificates, ESCerts, equal to 1 Metric Tonne of Oil Equivalent. Those unable to meet their assigned targets are required to purchase ESCerts from the overachievers through a centralised online trading mechanism. The Indian steel industry is an important stakeholder under the PAT Scheme. The Steel sector has been able to achieve the total targeted energy savings from PAT Cycles PAT-I, PAT-II & PAT-III for the period from 2012- 20 to the tune of 5.5 Million Tonne of Oil Equivalent and corresponding CO2 reduction of 20 million tonne.”</p> <p>He added “Further, the steel sector has been made an important stakeholder in the National Green Hydrogen Energy Mission to facilitate deployment of green hydrogen in the iron & steel making process. Under this initiative it has been proposed to set up two Pilot Plants under the Public & Private Partnership to explore the feasibility of using green H2 in Direct Reduced Iron production.”</p> <p>Incidentally, World Steel Association 2021 May study Climate Change and the Production of Iron and Steel highlighted that in 2020, on average, every tonne of steel produced led to the emission of 1.85 tonnes of C02.</p>
<p>India’s Union Minister for Steel Mr Ram Chandra Prasad Singh informed Lok Sabha that over the years the Indian steel industry has reduced its energy consumption and carbon emissions substantially with the widespread adoption of Best Available Technologies in the modernisation & expansions projects. The average CO2 emission intensity of the Indian steel industry has reduced by 16% from around 3.1 tonne per tonne of crude steel in 2005 to around 2.6 tonne per tonne by 2020.</p> <p>He informed “To mitigate and adapt to the adverse impact of climate change India has introduced various measures under the umbrella of National Action Plan for Climate Change. National Mission for Enhanced Energy Efficiency is one of the eight missions under NAPCC. The Perform Achieve & Trade is a flagship scheme under NMEEE. It is a market based mechanism for enhancing energy efficiency, under which specific targets of energy savings are set. Those achieving the set targets are awarded Energy Saving Certificates, ESCerts, equal to 1 Metric Tonne of Oil Equivalent. Those unable to meet their assigned targets are required to purchase ESCerts from the overachievers through a centralised online trading mechanism. The Indian steel industry is an important stakeholder under the PAT Scheme. The Steel sector has been able to achieve the total targeted energy savings from PAT Cycles PAT-I, PAT-II & PAT-III for the period from 2012- 20 to the tune of 5.5 Million Tonne of Oil Equivalent and corresponding CO2 reduction of 20 million tonne.”</p> <p>He added “Further, the steel sector has been made an important stakeholder in the National Green Hydrogen Energy Mission to facilitate deployment of green hydrogen in the iron & steel making process. Under this initiative it has been proposed to set up two Pilot Plants under the Public & Private Partnership to explore the feasibility of using green H2 in Direct Reduced Iron production.”</p> <p>Incidentally, World Steel Association 2021 May study Climate Change and the Production of Iron and Steel highlighted that in 2020, on average, every tonne of steel produced led to the emission of 1.85 tonnes of C02.India’s Union Minister for Steel Mr Ram Chandra Prasad Singh informed Lok Sabha that over the years the Indian steel industry has reduced its energy consumption and carbon emissions substantially with the widespread adoption of Best Available Technologies in the modernisation & expansions projects. The average CO2 emission intensity of the Indian steel industry has reduced by 16% from around 3.1 tonne per tonne of crude steel in 2005 to around 2.6 tonne per tonne by 2020.</p> <p>He informed “To mitigate and adapt to the adverse impact of climate change India has introduced various measures under the umbrella of National Action Plan for Climate Change. National Mission for Enhanced Energy Efficiency is one of the eight missions under NAPCC. The Perform Achieve & Trade is a flagship scheme under NMEEE. It is a market based mechanism for enhancing energy efficiency, under which specific targets of energy savings are set. Those achieving the set targets are awarded Energy Saving Certificates, ESCerts, equal to 1 Metric Tonne of Oil Equivalent. Those unable to meet their assigned targets are required to purchase ESCerts from the overachievers through a centralised online trading mechanism. The Indian steel industry is an important stakeholder under the PAT Scheme. The Steel sector has been able to achieve the total targeted energy savings from PAT Cycles PAT-I, PAT-II & PAT-III for the period from 2012- 20 to the tune of 5.5 Million Tonne of Oil Equivalent and corresponding CO2 reduction of 20 million tonne.”</p> <p>He added “Further, the steel sector has been made an important stakeholder in the National Green Hydrogen Energy Mission to facilitate deployment of green hydrogen in the iron & steel making process. Under this initiative it has been proposed to set up two Pilot Plants under the Public & Private Partnership to explore the feasibility of using green H2 in Direct Reduced Iron production.”</p> <p>Incidentally, World Steel Association 2021 May study Climate Change and the Production of Iron and Steel highlighted that in 2020, on average, every tonne of steel produced led to the emission of 1.85 tonnes of C02.</p>
