Octopus Energy’s partnership aims for green steel

Octopus Energy Generation and Salzgitter Group have teamed up to provide 126,000MWh of solar energy yearly, aiming to make German steel production more eco friendly

Tata Steel confirms closure of two blast furnaces at Port Talbot

Up to 2,800 potential job losses are anticipated, with approximately 2,500 roles expected to be impacted in the next 18 months

Government mulls green rescue deal for British Steel

Ministers are reportedly considering injecting £300 million into British Steel to keep it afloat and help it decarbonise

UK looking at more relief to energy-hungry industries

Big energy users could soon claim an exemption of up to 100% of their environmental and policy costs

Government seeks views on £250m fund to clean up steel sector

The Clean Steel Fund aims to help the industry move towards a decarbonisation pathway compatible with the 2050 net zero goal

EU approves £280m compensation for UK energy intensive industries

The UK has been granted permission by the EU to provide state aid compensation to the nation’s energy intensive industries (EIIs) for the cost of green taxes. The package is worth around £280 million until the end of the decade. The news comes as the government aims to give more certainty to the UK steel […]