Abstract
Technical and financial models were made of a generalized 4 MT/year Reference steelplant and three Steelplants applying CO2 capture. Two post-combustion capture cases where modelled where CO2 was captured from hot stove and steam boiler flue gases (Level 1) and then extended to include coke oven and lime plant flue gases (Level 2). Chemical solvent systems using 30% MEA and advanced heat integration were assumed. A third case was modelled whereby the conventional blast furnaces were replaced with Oxygen Blast Furnaces with CO2 capture from OBF top gas using chemical solvent of 40% MDEA and 10% piperazine. Cost estimates were made to determine the break-even cost of hot rolled coil production at a scoping level using a discounted cash flow method. The cost of avoidance was calculated from the difference in CO2 emissions and HRC breakeven costs. The results show that the OBF scenario offers the most cost effective capture solution at 56 USD/t CO2 avoided at 47% avoidance rate. The post-combustion cases avoidance costs were 74 and 81 USD/t CO2 at 50% and 60% avoidance rates. Avoidance costs were sensitive to energy prices and capital cost.