Japan govt, steelmakers to develop hydrogen-powered blast furnace - report |
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Sun, 28 Oct 2007 23:09
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TOKYO (Thomson Financial) - Japan's Ministry of Economy, Trade and Industry plans to launch a project with Nippon Steel Corp, JFE Steel Corp and others to develop a new type of blast furnace that emits about 30 percent less carbon dioxide than existing furnaces, the Nikkei reported on Monday.The ministry plans to spend a total of 25 billion yen starting in the year to March 2009 to commercialize the technology in 10 years, the newspaper said.The new furnace will run on hydrogen, instead of coke, thereby achieving the significant emission cut, the report said.In addition to developing a new method of using hydrogen to operate blast furnaces, the project aims to develop ways to utilize waste heat from the furnaces and technology to isolate carbon dioxide from blast furnace emissions, it said.The steel industry is the biggest emitter of carbon dioxide in Japan's industrial and energy sector, accounting for 41.2 percent of the sector's overall discharge or 13 percent of national emissions.(1 US dollar=114.21 yen)yasuhiko.seki@thomson.com-yas/ngCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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