Open Innovation Ecosystem Earlybirds.io are preparing to help innovators and early adopter organizations tackle the challenge of decarbonizing the steel industry through networking and collaboration. It said “As population grows and more and more of the world catch up to modern era development, some predict that global steel demand could double over the next 30 years. Unfortunately for a planet that’s already facing the severe impacts of climate change, steel production is also incredibly carbon intensive. This is because the production of steel starts with iron, which already must be heated to high temperatures to be made into the purified” form that can be used for making things. Steel is formed by infusing carbon into that iron, which again takes a lot of heat and carbon-based fuel. This is generally done using blast furnaces, which can reach nearly three thousand degrees and melt large quantities of iron. Creating that kind of heat is an energy intensive process, and with so much demand for steel, the steel industry creates two billion tons of steel and emits more than three billion tons of Co2 annually, primarily from these blast furnaces. This makes steel a ripe industry for carbon reducing innovations.” It added “A number of technologies have been developed in recent years that show promise towards decarbonizing the steel industry, including carbon capture storage equipment, or purifying iron using hydrogen instead of carbon to make H20, or plain water, instead of the greenhouse gas CO2 as a waste product. Blast furnaces are being replaced with electric arc furnaces, and other innovations are being adopted, but at this time there is much uncertainty about which technologies will become more standard in the future. This is not to say there is not motivation to decarbonize within the steel industry. Key players in the steelmaking ecosystem also stand to benefit from shifting towards low-carbon steel production. However, innovators and the companies that want to make a difference in the industry by using the latest and greenest technologies can struggle to find each other and make things happen.” Innovators working on these problems can find their place at EarlyBirds at to search, claim and add to their listing.
Open Innovation Ecosystem Earlybirds.io are preparing to help innovators and early adopter organizations tackle the challenge of decarbonizing the steel industry through networking and collaboration. It said “As population grows and more and more of the world catch up to modern era development, some predict that global steel demand could double over the next 30 years. Unfortunately for a planet that’s already facing the severe impacts of climate change, steel production is also incredibly carbon intensive. This is because the production of steel starts with iron, which already must be heated to high temperatures to be made into the purified” form that can be used for making things. Steel is formed by infusing carbon into that iron, which again takes a lot of heat and carbon-based fuel. This is generally done using blast furnaces, which can reach nearly three thousand degrees and melt large quantities of iron. Creating that kind of heat is an energy intensive process, and with so much demand for steel, the steel industry creates two billion tons of steel and emits more than three billion tons of Co2 annually, primarily from these blast furnaces. This makes steel a ripe industry for carbon reducing innovations.” It added “A number of technologies have been developed in recent years that show promise towards decarbonizing the steel industry, including carbon capture storage equipment, or purifying iron using hydrogen instead of carbon to make H20, or plain water, instead of the greenhouse gas CO2 as a waste product. Blast furnaces are being replaced with electric arc furnaces, and other innovations are being adopted, but at this time there is much uncertainty about which technologies will become more standard in the future. This is not to say there is not motivation to decarbonize within the steel industry. Key players in the steelmaking ecosystem also stand to benefit from shifting towards low-carbon steel production. However, innovators and the companies that want to make a difference in the industry by using the latest and greenest technologies can struggle to find each other and make things happen.” Innovators working on these problems can find their place at EarlyBirds at to search, claim and add to their listing.
