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electricity - Latest news GMK Center

Photo – Energy imports to the EU declined again in 2025
Energy imports to the EU declined again in 2025

Purchases fell by 11.1% y/y in monetary terms, while the United States and Norway remained key suppliers

Photo – ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs
ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs

Electricity reached $230/MWh in February, and the share of energy resources in the cost price rose to 40%

Photo – The EU seeks to ease pressure on industry due to energy prices
The EU seeks to ease pressure on industry due to energy prices

The European Commission is considering a number of short-term solutions

Photo – The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies
The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies

The scheme will consist of partial compensation for indirect electricity costs within the ETS

Photo – ArcelorMittal Kryvyi Rih forced to suspend production at LMZ
ArcelorMittal Kryvyi Rih forced to suspend production at LMZ

The key reason is the energy crisis facing the company

Photo – EU steelmakers seek to become part of the «Made in Europe» plan
EU steelmakers seek to become part of the «Made in Europe» plan

In addition, European energy-intensive industries have put forward demands for affordable electricity in the EU

Photo – How ArcelorMittal Kryvyi Rih operates in conditions of energy shortage
How ArcelorMittal Kryvyi Rih operates in conditions of energy shortage

The shortage of electricity, its high price, and the shortcomings of the import mechanism have a significant impact on the operation of the steel plant

Photo – A package of energy solutions for large enterprises is awaiting approval
A package of energy solutions for large enterprises is awaiting approval

It provides for long-term supply contracts and the introduction of special auctions from Energoatom

Photo – France aims to increase carbon-free electricity production
France aims to increase carbon-free electricity production

The government will soon publish a corresponding electrification plan

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

Metlen will provide the steel producer with approximately 2.4 TWh of electricity at a stable price

Photo – EU steelmakers call for immediate reduction in electricity prices
EU steelmakers call for immediate reduction in electricity prices

EUROFER warns that expensive electricity is slowing down investment and decarbonization and threatening steel production

Photo – How energy shortages affect Ukraine’s extractive industry
How energy shortages affect Ukraine’s extractive industry

A significant number of companies in the industry are operating at minimum capacity to maintain infrastructure

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