TERI-Transition Asia study weighs hydrogen steel costs in Andhra Pradesh
The Energy and Resources Institute (TERI) and Transition Asia published a study on green direct reduced iron (DRI) economics, policy drivers and site feasibility in Andhra Pradesh, India. The findings were presented at a stakeholder workshop.
The report runs a techno-economic analysis of commercial-scale hydrogen-based direct reduced iron deployment in the state. It covers production pathways, renewable energy integration, infrastructure needs, costs, and the policy steps required to make green steel commercially viable.
The study prices hydrogen-based steel at USD 571 to USD 606 per tonne of crude steel. That sits above the USD 536 per tonne the study cites for blast furnace-basic oxygen furnace (BF-BOF) steel.
The study identifies Andhra Pradesh as a candidate site for green steel manufacturing and exports. It points to the state's ports, renewable energy resources, industrial ecosystem and Integrated Clean Energy Policy, which spans renewable energy, green hydrogen, green ammonia, storage and transmission.
Source: smestreet.in (opens in a new tab)2 sourcesPermalink