Workshop on Energy saving opportunities and pathways for low-carbon opportunities in Indian DRI sector
Workshop on Energy saving opportunities and pathways for low-carbon opportunities in Indian DRI sector
On 16 August 2021 | 11:00 AM - 12:30 PM
TERI's analysis over the past few years brings to fore the central role of the industry sector in India's decarbonisation strategy. Reducing emissions from the steel sector will be the key in achieving a low carbon manufacturing sector.
DRI, popularly known as sponge iron route, is an important constituent of Indian steel sector and accounted for more than 30% of the global Direct Reduction of Iron (DRI) production in 2020. India's growing economy will require a fourfold increase in steel production by 2050 to meet the demands of sectors such as housing and infrastructure, automobile, engineering, etc. This demand cannot be met entirely through conventional Blast Furnace-Basic Oxygen Furnace (BF-BOF) route, given the high investment costs and limited availability of coking coal for this route.
The DRI industry will, therefore, continue to play a critical role in augmenting India's future steel production. There are many opportunities to reduce the energy consumption in the sponge iron sector.
The Energy and Resources Institute (TERI) and the Sponge Iron Manufacturers Association (SIMA) are holding a workshop to discuss various options that can help improve energy efficiency of existing DRI units and outline the pathways that can help in the future growth of the DRI sector.
TERI and SIMA have joined hands to document the energy saving opportunities and possible futuristic options for sustainable growth of the DRI sector. A Technology Compendium for Energy Efficient Technology options in the DRI sector has also been prepared as a ready reckoner for the sponge iron industries.