This project involves collaboration between the University of Edinburgh Business School, BHP Billiton, Suzhou Research Institute, North China Electric Power University (NCEPU), and the UK-China Guangdong CCUS Centre (GDCCUSC).

All partners will jointly complete the following 13 working packages.

  1. Evaluate potential economic incentives and financial instruments for an iron/steel CCS.
  2. Investigate the potential for inclusion of CCS/CCUS in the iron/steel sector into China’s regional or national emissions trading schemes (ETS).
  3. Prepare a consequential greenhouse gas emissions impact analysis of an iron/steel CCS project.
  4. Develop a viable business model for a conceptual FOAK 100ktpa steel CCS-EOR project (short-term).
  5. Develop a viable business model for a large-scale integrated steel CCUS project (long-term).
  6. Develop an online public communication application.
  7. Compare different technology approaches and pathways for decarbonising the steel sector in China, including an overview of the current status and perspective of the iron/steel industry in China.
  8. Conduct a techno-economic analysis of major CO2 capture technologies for the iron/steel industry.
  9. Analyse requirements for CCS Readiness in the iron/steel sector
  10. Conduct an economic feasibility study of full-chain CCS-EOR project.
  11. WP 11 Techno-economic assessment of novel carbon capture technology in the steel sector.
  12. Least-cost optimisation-based source-sink match of full-chain CCUS cluster.
  13. Economic assessment of full-chain large-scale CCUS project and cost estimation model.