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Philipp C. Verpoort@philippverpoort.bsky.social |
Key insights: • Substantial cost-savings of 18% for low-carbon steel and up to 38% for low-carbon chemicals when relocating production away from renewables-scarce (eg Germany, Japan, S.Korea) and towards renewable-rich regions (eg Australia, Namibia, Chile).
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Philipp C. Verpoort
@philippverpoort.bsky.social
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• Importing green H₂ via ship will be a costly option for conserving existing production locations • Importing intermediate products (DRI, NH₃, MeOH) could be a “sweet-spot” of relocation: reducing cost effectively while conserving value chains in renewable-scarce countries
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