decarbonization - Latest news GMK Center

The program will help companies reduce emissions and improve energy efficiency

Access to European financing instruments is a key condition for decarbonization

The EC will be asked to develop a stronger enabling framework

The funds will be used for infrastructure, rising costs, and creating a financial buffer for the project in Boden

The need to combat climate change on an international scale makes the decarbonization of the steel industry irreversible

Total financing package amounts to approximately €1.7 billion

Another direction is the use of this technology to replace coal-fired power plants

Technology allows furnaces to run on 100% green hydrogen, reducing CO2 emissions to zero

Steel producers are suspending projects and postponing deadlines, citing market conditions and regulatory uncertainty

The new facility in Bilecik will produce high-quality steel with minimal CO2 emissions and create over 200 jobs

Initiative includes carbon capture and storage technology for the first time

The companies will partner in the wind energy sector