Authors / CoAuthors
Haynes, M. | Cropper, J.
Abstract
<div>Global steel demand is forecast to grow in the coming decades with continued development across Asia and Africa. Over the same period, the International Energy Agency suggests that the carbon intensity of steel production will need to decrease rapidly to align with projected pathways to net zero emissions by 2050. Balancing these competing priorities is a challenge that could shift global steelmaking business models. With abundant resources of both iron ore and metallurgical coal, Australia has benefited significantly from traditional steelmaking value chains. In the face of potential disruption, how should Australia navigate the challenges and opportunities accompanying the transition to ’green’ steel? How can geoscience help to identify and leverage Australia’s specific advantages? </div><div><br></div><div>The Green Steel Economic Fairways Mapper is a free, online tool that models the costs of hydrogen-based green ironmaking and steelmaking and maps how these costs vary across Australia. Developed through collaboration between Geoscience Australia and Monash University, it represents a novel approach to model multiple interconnected resource facilities. Following the Economic Fairways approach, the Mapper combines large-scale infrastructure and geoscience datasets to provide a high-level, geospatial analysis of the economic viability of hypothetical green steel projects. In doing so it creates a new capability within Australia—filling the void before the detail and expense of feasibility studies—to understand the broad contours of the decarbonization challenge, and to inform early-stage decision making in the pursuit of low-carbon steel. In this seminar, we introduce the Green Steel Economic Fairways Mapper, demonstrate its capabilities, and discuss some of the insights it reveals. </div>
Product Type
document
eCat Id
149510
Contact for the resource
Resource provider
Point of contact
Cnr Jerrabomberra Ave and Hindmarsh Dr GPO Box 378
Canberra
ACT
2601
Australia
Point of contact
Digital Object Identifier
Keywords
- ( Project )
-
- EFTF – Exploring for the Future
- ( Project )
-
- Australia’s Resources Framework
- ( Project )
-
- Australia’s Future Energy Resources
- ( Project )
-
- Economic Fairways
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- Green steel
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- Green iron
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- Decarbonisation
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- Green hydrogen
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- Renewable energy
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- Outreach
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- Wednesday Seminars
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- Iron ore
- theme.ANZRC Fields of Research.rdf
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- EARTH SCIENCESBUILT ENVIRONMENT AND DESIGNENGINEERINGINFORMATION AND COMPUTING SCIENCES
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- Published_External
Publication Date
2024-06-03T01:33:18
Creation Date
2024-05-17T02:00:00
Security Constraints
Legal Constraints
Status
completed
Purpose
Wednesday Seminars are Geoscience Australia's public presentation initiative that provides accessible presentations to the public. Presentations are recorded and uploaded to the Geoscience Australia YouTube Channel.
Maintenance Information
notPlanned
Topic Category
geoscientificInformation
Series Information
Wednesday Seminars
Lineage
<div>Wednesday Seminars are recorded live, edited for clarity and then published.</div>
Parent Information
Extents
[-44.00, -9.00, 112.00, 154.00]
Reference System
Spatial Resolution
Service Information
Associations
Association Type - informed
From Australian iron ore to green steel: the opportunity for technology-driven decarbonisation
eCat Identifier - 147005,
UUID - 5377741d-ece0-4e01-b87e-6bf49da11c03
Association Type - informed
Green Steel: Synergies between the Australian Iron Ore Industry and the Production of Green Hydrogen
eCat Identifier - 146059,
UUID - e01585a4-69c9-423c-8568-ef9816dc3251
Association Type - informed
Geoscience towards net zero - Advancing Australia's Green Steel potential workshop
eCat Identifier - 149076,
UUID - 1cef5dbc-9887-45f6-bb83-3c07deafadd0
Association Type - informed
The Green Steel Economic Fairways Mapper
eCat Identifier - 149249,
UUID - 223ecee2-2eda-4bcc-8f16-d7d44367a932
Association Type - informed
Green Steel Supply Chain Options Between Australia and Japan
eCat Identifier - 149413,
UUID - 4f1fa14c-07e4-4dcf-ad1f-6339e9b0503d
Association Type - informed
eCat Identifier - 149447,
UUID - a3cde43b-213d-427d-8062-1eeeb1650577
Source Information