AK Steel first of many to develop interest in new blast furnace technology

Friday, 24 February 2012 01:18:50 (GMT+3)   |  
       

According to local media reports on Thursday, lawmakers in Ohio are taking into consideration a measure that would refer to the blast furnace as a source of green energy. Multiple branches of West Chester, Ohio-based AK Steel are interested in the technology--which would take the waste gas given off by the blast furnace and turning it into reusable fuel. The US Department of Energy has already awarded AK Steel with a $30 million grant under the qualification that the new plant is built before 2015. The US Environmental Protection Agency has also approved of the proposed blast furnace because it provides a use for an otherwise toxic waste gas.

The amendment to the green energy law from Ohio lawmakers would grant the title "renewable energy" to the electricity that would be created by the gases emitted from the blast furnace--even though the furnaces use coke. Wind energy producers have sent a warning to the Ohio government stating that if the bill passes it will damage any further development of wind farms in the state.  The warning was sent because the amendment would allow AK Steel to sell its "renewable energy credits" to Ohio's electric utilities. AK Steel plans to use the energy to help reduce its own operating costs. 


Similar articles

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 10, 2024

07 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 9, 2024

29 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 8, 2024

22 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 6, 2024

08 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 5, 2024

01 Feb | Flats and Slab

Flat steel prices in local Taiwanese market - week 4, 2024

25 Jan | Flats and Slab

Flat steel prices in local Taiwanese market - week 2, 2024

11 Jan | Flats and Slab

Flat steel prices in local Taiwanese market - week 1, 2024

04 Jan | Flats and Slab

Flat steel prices in local Taiwanese market - week 52, 2023

28 Dec | Flats and Slab