Acciaieria Arvedi will gain access to the Italian support scheme for energy-intensive enterprises

Italian steel producer Acciaierie Arvedi has signed an agreement with energy company Metlen to access Energy Release 2.0, an innovative Italian mechanism to support energy-intensive industries. This was announced in a statement by Metlen.

The mechanism is managed by the country’s state energy authority, Gestore dei Servizi Energetici (GSE). Energy Release 2.0 is designed to ensure a stable supply of electricity to energy-intensive industries.

The agreement will cover approximately 2.4 TWh of electricity supply for Acciaieria Arvedi, providing the latter with access to stable and competitive electricity prices.

Under Energy Release 2.0, Metlen will commission approximately 170 MW of new solar capacity in Italy over the next three years. These projects will receive a fixed remuneration of €65/MWh, guaranteed by GSE, under the so-called “Italian model.”

«European industry continues to face higher energy costs than its global competitors, putting pressure on competitiveness and long-term industrial sustainability. Energy-intensive sectors such as steel and non-ferrous metals are particularly vulnerable. Energy Release 2.0 offers an innovative structure that combines industrial electricity supply with accelerated renewable energy deployment,» Metlen said in a statement.

The energy company notes that the agreement illustrates how large industrial players can collaborate across the entire value chain in energy and steel industry to find solutions to the problem of energy prices in Europe.

It should be recalled that average monthly wholesale electricity prices for the day ahead in Europe in January 2026 showed growth amid increased demand and rising costs of other energy sources.

  • Industry

Ukraine saw a 4.3% y/y decline in rolled steel production in 1H2026

In January–June 2026, Ukraine’s steelworks reduced their production of commercial rolled steel by 4.3% year-on-year,…

Wednesday July 8, 2026
  • State

Prices for billets on regional markets fell by $5–15 per tonne in June

In most regional markets for square billets, prices fell by 5–15 dollars per tonne in…

Wednesday July 8, 2026
  • Global Market

Demand for steel in India rose by 8.3% y/y in Q1 of FY2026/2027

During the first quarter of the 2026/2027 financial year (FY2026), India’s steel industry demonstrated steady…

Wednesday July 8, 2026
  • Global Market

A European Parliament committee has backed the extension of the scope of the CBAM

The European Parliament’s Committee on the Environment, Public Health and Food Safety (ENVI) has approved…

Wednesday July 8, 2026
  • Global Market

Latin American countries are calling on the US to scrap the new tariffs

Several Latin American countries have stated that they are actively combating the import of goods…

Wednesday July 8, 2026
  • Сonferences

ANNOUNCEMENT: Kallanish Global Flat Steel 2026

The Kallanish Global Flat Steel 2026 conference will take place on 23 September in Istanbul…

Wednesday July 8, 2026