The company's main aim is to be clean, green and sustainable, and it is expected to present a £1.25 bn transition proposal on the issue.
While British Steel's proposals aim to gain support from the UK Government, the company's current decarbonisation program is also accelerating.
Two electric arc furnaces (EAFs) can be installed, one at the headquarters in Scunthorpe and one at the production facility in Teesside.
The planned furnaces could be operational by late 2025. Current operations will continue until the transition to electric arc steel production is made.
The British Steel Low Carbon Roadmap was announced in October 2021 and promises technologies that will produce net zero steel by 2050 and significantly reduce CO2 intensity by 2030 and 2035. But the company is now offering to potentially accelerate its decarbonisation journey. New operating structure can reduce CO2 intensity by approximately 75%.
Based on the proposed future operations, the new steel plant in Scunthorpe will consist of 130 tonnes of EAF. Two 130-ton ladle furnaces, one 130-ton degassing machine and two continuous casting machines.
The new steel plant on Teesside will consist of a 100-ton EAF, a 100-ton ladle furnace, a 100-ton vacuum degasser and two continuous casting units to supply the Teesside beam mills and Skinningrove.
Comments
No comment yet.