Tata Steel and plant supplier ABB have signed a memorandum of understanding (MOU) to co-create models and technologies to help reduce the carbon footprint of steel production.
The two companies will focus on system-level assessments of Tata Steel's manufacturing plants and production facilities followed by the development of short and long-term options for energy efficiency, decarbonization, and circularity.
"Steel companies know there are opportunities to improve their processes, and Tata Steel is one of the leaders in this movement towards energy efficiency and reduction of carbon footprint."
Vipul Gautam, group vice president, ABB
"Steel companies know there are opportunities to improve their processes, and Tata Steel is one of the leaders in this movement towards energy efficiency and reduction of carbon footprint," said Vipul Gautam, group vice president, ABB. "World Economic Forum figures anticipate the energy transition will require as much as three billion tons of metals over the medium-term; six times more mineral inputs by 2040 to reach net-zero emissions globally by 2050. ABB is confident in working with our customers and partners to evolve how steelmaking is powered to help reach production and environmental targets."
ABB and Tata Steel will explore energy optimization via hydrogen as an alternative fuel for upstream processes and energy reduction, and digital systems such as ABB Ability™ eMine and e-Mobility solutions and energy efficient motors.
