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Nassos Stylianou

Stories and data viz at Global Energy Monitor

Nassos Stylianou is currently a Data Visualization Analyst at Global Energy Monitor (GEM), where he has been working since approximately mid-2023. Prior to this role, he spent nine years as a data journalist at BBC News, which he described as an emotional and reflective period in his career.15

At GEM, Stylianou focuses on visual storytelling and data analysis related to energy and climate issues, contributing to reports and dashboards that provide insights into global energy trends.36 His work includes participation in significant projects like the annual deep dive into the global coal plant fleet, showcasing his expertise in the energy sector.3

Stylianou is also active on LinkedIn, where he shares updates about his work and insights on topics related to data visualization and energy transition.24

Highlights

Jul 18 · linkedin

The global iron and steel industry is responsible for 11% of carbon dioxide emissions and around 8% of global greenhouse gas emissions worldwide. The majority of steelmaking around the world still relies heavily on coal-based blast furnaces and is considered one of the industries that will be particularly challenging to decarbonise. But as steel is critical to the building out of decarbonised energy infrastructure, production is expected to continue to rise over the coming years.

The good news is that the latest Global Energy Monitor 'Pedal to the Metal' annual report on the current and developing global iron and steel plant fleet finds that major strides towards net zero goals have been recorded in the last year. More lower-emissions electric arc furnace (EAF) steelmaking has come online and entered into the development pipeline than ever before.

The report notes two key trends that support this significant positive shift in the industry.

First, nearly all newly-announced steelmaking capacity follows the EAF production route (93%), which indicates a strong boost in electric arc furnace steelmaking in the years to come.

Second, planned capacity and retirements indicate a transition away from coal-based steelmaking. If these announced developments and retirements take effect, global operating steel capacity should sit just under the IEA’s net zero-aligned target of 37% EAF steelmaking by 2030, and with heightened momentum the goal is increasingly attainable.

However, even though there has been a notable move toward the lower-emissions direct reduced iron (DRI) and electric arc furnace (EAF) production, coal-based blast furnace (BF) development is still ongoing and presents a distinct risk for the climate and as stranded assets for top developers.

And while lower-emissions EAF steelmaking is being announced at record rates, less than 14% of this potential capacity is currently being built. The data show that of all projects that have actually begun construction, nearly 46% are still BOF-based.

The transition toward electric arc furnace steelmaking is underway, but pressure must be maintained all the way through to project completion if real progress is to be seen.

For the full details, check out the new report that GEM's brilliant heavy industry team has put together Marie Armbruster Astrid Grigsby-Schulte Caitlin Swalec

https://lnkd.in/efYskB4G

Jul 11 · linkedin

A few key insights from a new Global Energy Monitor report on China's solar and wind power ☀️ 🌬️

▶ China is currently building around twice as much utility-scale solar and wind power as the rest of the world combined, as the breakneck speed of China's renewables expansion continues at pace.

▶ One third of new planned wind and solar capacity in China is already in construction, far higher than in the 7% construction rate in the rest of the world.

▶ China is likely to surpass its national 2030 target of 1,200 GW of installed wind and solar capacity by the end of this month, reported by Climate Energy Finance last week. While we shouldn't read too much into what is admittedly a soft target being achieved ahead of time, the numbers do highlight China's impressive wind and solar growth over the past couple of years

▶ If China keeps adding wind and solar at the same rate as it did last year, tripling its renewable capacity by 2030 is well within reach (even without any new hydropower additions)

Read the full report: https://lnkd.in/g8GkXe8w

Related Questions

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Nassos Stylianou
Nassos Stylianou, photo 1
Nassos Stylianou, photo 2
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London, England, United Kingdom