Solar energy integration in the steel industry : feasibility, challenges as well as solutions

Abstract

This study addresses solar power feasibility within the steel industry, its feasibility, challenges, and solutions towards bridging the adoption barriers. Steel manufacturing has very high levels of energy, greenhouse gas emission, and substantial fossil fuel use. This study examines how solar power can achieve cost savings on operations, raise the level of sustainability, and alleviate environmental implications. The key challenge presented here is the front-end cost of solar systems by small steel makers. The system encourages industries to utilize solar power with a view to reducing carbon footprint, cutting costs, and applying stringent environmental policies. The system approaches these through literature review, economic analysis, technology innovation, policy analysis, and hybrid power system. Empirical observations show that even if high up-front cost is a source of concern, government incentives through subsidies and tax credits can override such concerns. Synergizing the sun with traditional sources of power and utilizing advanced technologies can make the steelmaking process cheaper and more eco-friendly.