WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis

The paper takes Wuhan Iron and Steel Co., Ltd. (hereinafter referred to as “ WISCO “) energy consumption and carbon emissions as the research object, and analyzes WISCO’s carbon emissions. Through the construction of WISCO’s Long range Energy Alternatives Planning system (hereinafter referred to as...

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Main Authors: Huang Yongping, Wang Ben, Yang Wu, Sun Lushi
Format: Article
Language:English
Published: EDP Sciences 2022-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/17/e3sconf_eregce2022_03004.pdf
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author Huang Yongping
Wang Ben
Yang Wu
Sun Lushi
author_facet Huang Yongping
Wang Ben
Yang Wu
Sun Lushi
author_sort Huang Yongping
collection DOAJ
description The paper takes Wuhan Iron and Steel Co., Ltd. (hereinafter referred to as “ WISCO “) energy consumption and carbon emissions as the research object, and analyzes WISCO’s carbon emissions. Through the construction of WISCO’s Long range Energy Alternatives Planning system (hereinafter referred to as LEAP) prediction model for energy consumption and carbon emissions, three scenarios have been set up: a baseline scenario, an energy efficiency improvement scenario, and an energy structure change scenario to measure WISCO’s carbon emissions. Based on the results of the LEAP model, this article puts forward the following recommendations for WISCO’s low-carbon transformation. WISCO must strictly control steel output.WISCO should introduce electric furnaces to increase the proportion of electric furnace steel. While ensuring the supply of scrap steel resources, WISCO ought to use scrap steel efficiently. In addition, introduction of hydrogen direct reduction iron technology is also crucial to WISCO in a planned way.
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spelling doaj.art-0aca4cfe80ec46319ebff9979d7b7da92022-12-22T00:40:41ZengEDP SciencesE3S Web of Conferences2267-12422022-01-013500300410.1051/e3sconf/202235003004e3sconf_eregce2022_03004WISCO’s Low-carbon Transformation Based On LEAP And Scenario AnalysisHuang Yongping0Wang Ben1Yang Wu2Sun Lushi3State Key Lab of Coal Combustion, Hua Zhong University of Science and TechnologyState Key Lab of Coal Combustion, Hua Zhong University of Science and TechnologyState Key Lab of Coal Combustion, Hua Zhong University of Science and TechnologyState Key Lab of Coal Combustion, Hua Zhong University of Science and TechnologyThe paper takes Wuhan Iron and Steel Co., Ltd. (hereinafter referred to as “ WISCO “) energy consumption and carbon emissions as the research object, and analyzes WISCO’s carbon emissions. Through the construction of WISCO’s Long range Energy Alternatives Planning system (hereinafter referred to as LEAP) prediction model for energy consumption and carbon emissions, three scenarios have been set up: a baseline scenario, an energy efficiency improvement scenario, and an energy structure change scenario to measure WISCO’s carbon emissions. Based on the results of the LEAP model, this article puts forward the following recommendations for WISCO’s low-carbon transformation. WISCO must strictly control steel output.WISCO should introduce electric furnaces to increase the proportion of electric furnace steel. While ensuring the supply of scrap steel resources, WISCO ought to use scrap steel efficiently. In addition, introduction of hydrogen direct reduction iron technology is also crucial to WISCO in a planned way.https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/17/e3sconf_eregce2022_03004.pdf
spellingShingle Huang Yongping
Wang Ben
Yang Wu
Sun Lushi
WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
E3S Web of Conferences
title WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
title_full WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
title_fullStr WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
title_full_unstemmed WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
title_short WISCO’s Low-carbon Transformation Based On LEAP And Scenario Analysis
title_sort wisco s low carbon transformation based on leap and scenario analysis
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2022/17/e3sconf_eregce2022_03004.pdf
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AT wangben wiscoslowcarbontransformationbasedonleapandscenarioanalysis
AT yangwu wiscoslowcarbontransformationbasedonleapandscenarioanalysis
AT sunlushi wiscoslowcarbontransformationbasedonleapandscenarioanalysis