STRATEGIC APPROACHES FOR CO2 REDUCTION RATE FROM FOSSIL FUEL USE IN STEEL INDUSTRY

Technology advancements in fossil fuel based energy generation and consumption are currently being aimed at minimization of CO2 emissions. To attain energy security, India must accelerate the pace of economic development, while achieving reduction in CO2 emissions per unit of energy consumed. It would need access to advanced coal utilization technologies to be demonstrated on indigenous coal characteristics. Of specific importance would be: improvement in coal quality, increasing energy efficiency and suitability of other CO2 sequestration technologies for reducing CO2 footprints. There is need to address related risks and financial burden through adoption of policies and regulations including the issue of open access in energy research. In this paper, seven important areas of strategic plan that need to be pursued for managing CO2 emissions in steel energy sector in India are discussed.