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CCS and CCU: Breakthrough technologies for EU’s industrial transition to a climate neutral future
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The upcoming EU Industrial Strategy will be critical to enable European industry’s contribution to the 2050 goal and to build a prosperous and sustainable economic future for Europe.
We call on the European Commission to consider all options for reducing emissions, including Carbon Capture and Storage (CCS) and Carbon Capture and Use (CCU), as effective climate mitigation measures. In combination and synergy with renewable energy carriers, such as carbon-neutral electricity and hydrogen, CCS and CCU are essential to achieve net zero GHG emissions in Europe while maintaining a competitive, growing and innovative European industrial base. These technologies can contribute to preserving industrial activity in the continent and are a key enabler of new products and technologies. Consequently, it will help preserve jobs in existing industries and create new employment opportunities in those new industries, employing Europe’s future workforce.
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Brussels, 22 March 2024 – The future of a strong and resilient EU can only be forged with steel made in Europe. Europe-made low-carbon steel has a strategic role as it enables a net-zero economy, but today it faces strong headwinds from high energy prices, unfair competition, global overcapacity and growing unilateral carbon costs. The year 2023 has recorded the lowest European crude steel production levels ever, with a number of idled plants and dire impact on workers. Ensuring the enabling conditions for the short-term viability and the decarbonisation of the steel sector urgently needs to be at the top of the EU agenda. This is the message delivered by the European Steel Association together with a number of high-level representatives of the sector on the occasion of the Clean Transition Dialogue on Steel in the presence of the Executive Vice Presidents of the European Commission, Maroš Šefčovič and Margrethe Vestager.
Uses, limits, and realistic potentials of demand-side response from the European steel industry along with a broad set of framework recommendations for an EU policy
Antwerp, 20 February 2024 – Today 73 industry leaders spanning almost 20 industrial sectors presented ‘The Antwerp Declaration for a European Industrial Deal’ to Belgian Prime Minister, Alexander De Croo and Commission President, Ursula von der Leyen. The declaration underlines the commitment of industry to Europe and its transformation and outlines urgent industry needs to make Europe competitive, resilient, and sustainable in the face of dire economic conditions.