decarbonization - Latest news GMK Center

Energy, trade, and investment pressures are creating new opportunities for cooperation

Stable framework conditions are necessary for investments in decarbonization and technological modernization

The company appears to be slowing down its climate strategy

The biggest obstacle for the industry is the unpredictability of regulations

The company will automate its processes and implement digital energy consumption monitoring

The industry association is calling for real market conditions to be taken into account

Previously, access to part of the funds had been blocked due to failure to meet certain conditions and complete specific project milestones

So far, the European Commission has avoided giving clear answers about the prospects for easing the mechanism for Ukraine.

The actual impact of the mechanism on Ukraine is significantly worse than the European Commission had forecast (-0.01% of GDP)

Free allowances will cover approximately 75% of the industrial sector's emissions

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Global Energy Monitor expects global blast furnace capacity to increase by another 88 million tons by 2035