264
L. Ren et al.
in a steel plant (Jiang et al. 2021). According to the research results of China-UK
(Guangdong) CCUS Center, taking Baosteel Zhanjiang Plant as an example, in order
to launch a CCUS project of annual capture of 500,000 t for offshore storage in Beibu
Gulf Basin within 100 k of the plant, the investment in a CCUS project of such scale
in iron and steel industry would total at 360 million RMB.
Capture cost: with the capture cost of coal-fired plant as reference, postcombustion capture technology is the most mature in China and has entered into
the engineering demo phase. It is mainly used in low-concentration coal-fired power
plants. For Huaneng Group, the engineering cost is approximately 300 RMB/t of CO 2 ;
the cost for Vanguard (Haifeng) Carbon Capture Test Platform launched in 2019, it
was 500 RMB/t of CO 2 . For oxygen-enriched combustion capture, the only lab-scale
test and pilot test were conducted in a coal-fired power plant by Huazhong University
of Science and Technology, with the cost respectively at 900 and 780 RMB/t of CO 2 .
Transport cost: CO 2 transport within China usually depends on tank trucks at a
cost of approximately 0.9–1.4 RMB/t CO 2 ·km. Jilin Oil Field has opted for pipeline
transport at a cost of 0.3 RMB/t CO 2 ·km at a distance of approximately 20 km.
Total cost: based on the research results obtained by China-UK (Guangdong)
CCUS Center, the economic evaluation results of Baosteel (Zhangjiang) Plant shows
that the total emission reduction cost was 448 RMB/t CO 2 (Ren et al. 2019), much
higher than Japan at 4000 yen/t CO 2 (approximately 264RMB/t CO 2. In COURSE50
Project, however, the cost of both chemical/physical capture is likely to reach the
goal of 2/000 yen/t (approximately 132 yen/t CO 2 ) (source: official website of
COURSE50, https://www.jisf.or.jp/course50/outline/index_en.html).
7.5 Effectiveness of Low Carbon Technology Application
in Iron and Steel Industry in China
7.5.1 Analysis on CO 2 Emissions from the Whole Life Cycle
of Iron and Steel Industry
A brief life cycle analysis was conducted by Ou Xunmin’s team from Tsinghua
University. With China Iron and Steel Industry Yearbook 2016 (Editorial Board
of China Iron and Steel Industry Yearbook 2017) and related publications (Zhou
2016; Yang 2017; Wang 2017) as a reference, the production process of primary
and secondary iron and steel as well as the data on material and energy use of each
process have been reviewed, including Source: Peng 2019.
The process of data collection and review is illustrated in Fig. 7.27 and Table 7.4,
and explained as follows.
L. Ren et al.
in a steel plant (Jiang et al. 2021). According to the research results of China-UK
(Guangdong) CCUS Center, taking Baosteel Zhanjiang Plant as an example, in order
to launch a CCUS project of annual capture of 500,000 t for offshore storage in Beibu
Gulf Basin within 100 k of the plant, the investment in a CCUS project of such scale
in iron and steel industry would total at 360 million RMB.
Capture cost: with the capture cost of coal-fired plant as reference, postcombustion capture technology is the most mature in China and has entered into
the engineering demo phase. It is mainly used in low-concentration coal-fired power
plants. For Huaneng Group, the engineering cost is approximately 300 RMB/t of CO 2 ;
the cost for Vanguard (Haifeng) Carbon Capture Test Platform launched in 2019, it
was 500 RMB/t of CO 2 . For oxygen-enriched combustion capture, the only lab-scale
test and pilot test were conducted in a coal-fired power plant by Huazhong University
of Science and Technology, with the cost respectively at 900 and 780 RMB/t of CO 2 .
Transport cost: CO 2 transport within China usually depends on tank trucks at a
cost of approximately 0.9–1.4 RMB/t CO 2 ·km. Jilin Oil Field has opted for pipeline
transport at a cost of 0.3 RMB/t CO 2 ·km at a distance of approximately 20 km.
Total cost: based on the research results obtained by China-UK (Guangdong)
CCUS Center, the economic evaluation results of Baosteel (Zhangjiang) Plant shows
that the total emission reduction cost was 448 RMB/t CO 2 (Ren et al. 2019), much
higher than Japan at 4000 yen/t CO 2 (approximately 264RMB/t CO 2. In COURSE50
Project, however, the cost of both chemical/physical capture is likely to reach the
goal of 2/000 yen/t (approximately 132 yen/t CO 2 ) (source: official website of
COURSE50, https://www.jisf.or.jp/course50/outline/index_en.html).
7.5 Effectiveness of Low Carbon Technology Application
in Iron and Steel Industry in China
7.5.1 Analysis on CO 2 Emissions from the Whole Life Cycle
of Iron and Steel Industry
A brief life cycle analysis was conducted by Ou Xunmin’s team from Tsinghua
University. With China Iron and Steel Industry Yearbook 2016 (Editorial Board
of China Iron and Steel Industry Yearbook 2017) and related publications (Zhou
2016; Yang 2017; Wang 2017) as a reference, the production process of primary
and secondary iron and steel as well as the data on material and energy use of each
process have been reviewed, including Source: Peng 2019.
The process of data collection and review is illustrated in Fig. 7.27 and Table 7.4,
and explained as follows.