steel sector
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
Up to 2,800 potential job losses are anticipated, with approximately 2,500 roles expected to be impacted in the next 18 months
Ministers are reportedly considering injecting £300 million into British Steel to keep it afloat and help it decarbonise
Big energy users could soon claim an exemption of up to 100% of their environmental and policy costs
The Clean Steel Fund aims to help the industry move towards a decarbonisation pathway compatible with the 2050 net zero goal
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 […]