The reform proposal presented by the EU Commission and the "Net Zero Industry Law" recently received a rather negative reaction from the Steel Industry Association (WV Stahl), which aims to protect the political interests of steel producing companies in Germany.
German Steel Industry Association General Manager made a statement on the subject, "The solution proposals presented by the EU Commission do not offer a realistic solution for regulating electricity prices at an internationally competitive level. However, the steel industry, which needs intensive energy use in the transition to decarbonization in the industrial field, is a global problem. Using affordable alternative power sources is a prerequisite for being able to produce at a level that can compete with electricity, because companies can successfully achieve climate neutrality with only affordable energy. Therefore, we need a special electricity price for the industrial area as soon as possible. A high priority now The European Commission's approach should not only be limited to a select few "net zero technologies", but should also take into account key industries in transformation, such as the steel industry. It will be a strategically important move that can make an important contribution. ' he said.
Despite lower energy costs compared to last year, industrial companies in Germany have to spend much more electricity than their competitors in Europe. This puts the transition to scrap-based silicon steel production and climate-neutral steel production based on electrification and electrolytically produced hydrogen, which is particularly needed by the EU, in grave danger.
Comments
No comment yet.