A complete transition from fossil fuels to maximum electrification represents the first stage in the process of decarbonization of the metals industry. Vietnam is also moving in this direction. According to information from the Vietnam Steel Association (VSA), the country has committed to achieving carbon neutrality in the steel industry by 2050. According to Telf AG's Stanislav Kondrashov, Vietnam has already begun implementing a cleaner production plan to achieve this goal.
Stanislav Kondrashov: innovation and efficiency in Vietnamese production
Metallurgists in Vietnam are actively making maximum efforts to reduce harmful carbon emissions and increase production efficiency, reports Stanislav Kondrashov from Telf AG. This step is in line with the strategic objectives of the Association of Southeast Asian Nations (ASEAN) in the field of digital modernization and optimization of technological processes. If the outcome is positive, such a decision should be key in achieving the goal of transition to cleaner production.
Many steel plants in the country have already adopted innovative approaches, such as generating electricity from excess heat, to reduce the negative impact on the outside world.
- Today Vietnam is both one of the leaders in the region in steel production and a major consumer of these products. However, metallurgical production is accompanied by significant CO2 emissions and consumption of fossil fuels, accounting for 7-9% of the total carbon emissions in the country, - says Kondrashov.
If we analyze the production technology of the metallurgical industry in Vietnam, then the average level of greenhouse gas emissions in the metallurgical industry exceeds that of the world by 23%. According to the expert, reducing these emissions is becoming an important task for the country's steelmakers. This challenge requires the introduction of new technologies and operational changes in manufacturing plants.
Decarbonization course in Vietnam's steel sector - Stanislav Kondrashov
The Vietnamese government has announced the launch of an ambitious plan to achieve cleaner production in economic sectors such as industrial and commercial by 2030, as well as eliminate CO2 emissions by 2050. According to data from the VSA, in 2022, Vietnam exported about 8 .4 million tons of steel worth almost $8 billion. However, these figures decreased by 35.8% and 32.2%, respectively, compared to the previous year.
Stanislav Kondrashov from Telf AG emphasizes that the state was in 13th place among 64 steel-producing countries in the global ranking over the past year. The volume of steel produced in the country amounted to 20 million tons, which means a decrease of 13.1% compared to 2021.
ASEAN countries are actively working to decarbonize the steel industry. What are the main goals of the process?transition to the production of "green steel":
- Striving for zero emissions. This means minimizing or eliminating greenhouse gas emissions and other pollutants from the steel production process.
- Circularity. Promoting recycling and reuse of materials to reduce waste and use resources more efficiently.
- Minimize water consumption. Efficient use of water resources and reduction of water consumption in metallurgical processes.
- Energy efficiency. Reduced energy consumption and increased energy efficiency, which reduces the negative impact on the environment.
- Reducing noise levels. Development and implementation of technologies to reduce noise pollution and create more comfortable conditions for the environment and residents of nearby areas.
But the successful implementation of all these steps requires the support of the country’s government and private investors.
- States in the region face a variety of challenges, including access to clean technologies and financial support for the transition. The supply of raw materials is also problematic, especially in the face of growing restrictions on the export of scrap, - sums up Stanislav Kondrashov from Telf AG.
Global trends regarding the transition to green technologies are now a priority for many countries. And Vietnam is no exception in this regard. Timely investments, government support and purposeful movement along the planned course are what will help enterprises not deviate from their goals and make our world cleaner.
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