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09 Mar
16:59

EU to accelerate decarbonisation, enable energy-intensive industry aid

The EU Commission’s REPowerEU policy package announced this week, aimed at breaking the bloc’s dependence on Russian gas, will accelerate the deployment of hydrogen and renewable electricity use in industrial sectors. It will also provide emergency funding to steelmakers hit by soaring energy costs. The package is likely to bring forward the steel industry decarbonisation process and demand for steel required for the energy transition, Kallanish notes.…
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