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decarbonization - Latest news GMK Center

Photo – CBAM could hinder decarbonization of smaller steel players in India
CBAM could hinder decarbonization of smaller steel players in India

SMEs will have difficulties due to financial and technological constraints

Photo – Třinecké Železárny will buy clean electricity from ČEZ ESCO
Třinecké Železárny will buy clean electricity from ČEZ ESCO

The PPA contract is currently agreed until the end of 2027

Photo – China intends to expand the national carbon market
China intends to expand the national carbon market

The goal is to accelerate the fight against greenhouse gas emissions

Photo – European Commission presents the Clean Industry Agreement
European Commission presents the Clean Industry Agreement

The document positions decarbonization as an engine of growth for European production

Photo – Feralpi plans to accelerate production of low-emission steel
Feralpi plans to accelerate production of low-emission steel

The company secured a €170 million sustainability-related loan from a consortium of banks

Photo – Salzgitter starts construction of a large-scale hydrogen production plant
Salzgitter starts construction of a large-scale hydrogen production plant

The company invests in a 100 MW electrolysis plant to switch to greener production

Photo – Emsteel announces comprehensive decarbonization strategy
Emsteel announces comprehensive decarbonization strategy

The company aims to reduce absolute CO₂ emissions in the steel division by 40% by 2030

Photo – Australia launches new $636 million Green Iron investment fund
Australia launches new $636 million Green Iron investment fund

The fund was developed in consultation with industry

Photo – Draft EU Clean Industry Agreement provides for incentives and state aid – Reuters
Draft EU Clean Industry Agreement provides for incentives and state aid – Reuters

The proposals also call for a review of CBAM before its final launch

Photo – Třinecké železárny plans to invest €1 billion in green transformation
Třinecké železárny plans to invest €1 billion in green transformation

Czech company plans to build an electric furnace that will reduce CO2 emissions by 55%

Photo – British industry points to problems with government decarbonization policy
British industry points to problems with government decarbonization policy

The business also asks to improve the British CBAM and mitigate the consequences of the introduction of this mechanism in the EU

Photo – Spain will continue cooperation with ArcelorMittal to secure the future of its plants
Spain will continue cooperation with ArcelorMittal to secure the future of its plants

Prime Minister of Spain meets with company executives in Davos

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