South Korean steel maker Posco would test the feasibility of a carbon capture and utilization technology that could potentially eliminate 320,000 tonnes of carbon emissions from steel production. The technology, once fully developed, will be applied to coke ovens installed in Pohang and Gwangyang. Each of the coke ovens emits 30,000-50,000 tonnes of carbon annually.The project will be completed by December 2023. If successful, it will be the first use of CCU technology in steel production. Posco’s goal is to export the technology to major steelmakers at home and abroad.
South Korean steel maker Posco would test the feasibility of a carbon capture and utilization technology that could potentially eliminate 320,000 tonnes of carbon emissions from steel production. The technology, once fully developed, will be applied to coke ovens installed in Pohang and Gwangyang. Each of the coke ovens emits 30,000-50,000 tonnes of carbon annually.The project will be completed by December 2023. If successful, it will be the first use of CCU technology in steel production. Posco’s goal is to export the technology to major steelmakers at home and abroad.
