Steel is foundational to global society. Yet, the industry emits 7-9% of Global CO2 emissions. There is no technology in today’s market that processes low-quality iron ore – steel’s main input – with no or low CO2 emissions.
Ferrum uses low-temperature hydrogen plasma to process low-quality ore in the most energy-efficient way possible and with close to zero CO2 emissions. This process also allows steel companies to co-locate the energy intensive first step of steel production (iron making, reduction of iron ore) in areas with cheap renewable energy, while keeping the second step (melting and refining) in existing
Ferrum has the potential to provide low-to-zero-carbon technology in the steel industry and maintain cost-competitiveness with carbon-based technologies. This would be a massive incentive for steel companies to adopt the technology and could significantly accelerate decarbonization of global steel production.
Company Details
Ferrum is leveraging their unique hydrogen-plasma technology to produce carbon-free steel
Aikido Technologies has designed a self-erecting platform for floating, offshore wind turbines to overcome key barriers to increasing offshore wind energy production
Aluminio is developing a new approach to using aluminum to replace the silver used on solar cells, reducing the costs and accelerating adoption of more efficient cell designs
Aspiring Materials is tackling industrial CO2 emissions from two angles - what goes in and what comes out. And we’re using commonly found rocks to do it
Barocal is revolutionizing cooling and heating with a breakthrough solid-state technology that offers very high energy efficiency without harmful refrigerant gases.
Calion is reshaping the cooling and heating landscape by replacing harmful refrigerants with salt and water – the world’s two safest and most abundant materials
CERT Systems Inc. has developed an electrochemical process that uses only water and electricity to convert captured carbon dioxide into basic chemicals that can be used to make everyday products including green chemicals, fuels, and plastics
Clear Skies Hydrogen (CSH2) seeks to deliver refueling with diesel-parity cost and operating convenience to unlock large-scale adoption of hydrogen for trucking and heavy-duty transport.
Conduit Tech develops tools that make it easier for HVAC contractors to install and maintain low-emissions residential heating and cooling technologies
CRecTech has developed a novel catalytic technology that simplifies the operational process and production cost of converting biogas into bio-methanol, making renewable methanol fuel more affordable for the maritime sector to accelerate their transition toward net zero CO2 emissions.
Espiku’s technology concentrates Li-containing brines while also producing clean water and solid salts; this enables cost-competitive mineral extraction with no fouling, no membranes, no liquid discharge, and minimal environmental impact.
Furno is working to re-envision the way we make cement. Unlike the large, fixed, capital-intensive plants of today, Furno is leveraging oxyfuel combustion and a novel design to develop plants that are more adaptable and energy-efficient, less capital-intensive, and enable the production of zero-emission ordinary Portland cement
Gallox Semiconductors is reducing energy waste by improving the efficiency of power conversion through the use of gallium oxide-based transistors and diodes.
We use cookies to analyze traffic, enhance your experience, and provide you with tailored content. By clicking “Accept,” you consent to our use of Analytics and Performance cookies. See our Privacy Policy to learn more.
Buildings
Agriculture
Transportation
Manufacturing
