Dossier
small steelmakers
Coverage of small steelmakers in the Nexus archive.
- India’s small steelmakers could save money and cut emissions with switch to renewable power
Small steelmakers in India can benefit by switching to renewable energy sources. This transition helps these companies reduce their electricity costs while also allowing them to cut millions of tons of carbon emissions.
- India’s small steelmakers could save money and cut emissions with switch to renewable power
A report found that smaller steel companies could cut electricity bills by up to 34% and significantly reduce carbon emissions by switching to renewable energy. The most practical option suggested for small producers is jointly investing in and owning a clean power project via a cluster-based approach. This shift is deemed essential both for meeting India's net-zero emissions goal by 2070 and shielding companies from potential European carbon taxes.