Publications » Position papers » Revision of the Environmental and Energy Aid Guidelines (EEAG)
Revision of the Environmental and Energy Aid Guidelines (EEAG)
The Commission's 'A Clean Planet for All' Communication offers the basis for a thorough debate around the legislative framework that is necessary for a successful transformation of the EU economy towards climate neutrality.
European steel companies are already developing major emission reduction technologies and are willing to continue to accelerate this work in order to fulfil this objective. Such a major transformation of the sector will require significant investment in the new technologies while the sector needs to remain competitive throughout the entire transition and beyond. Furthermore, external factors not directly controlled by the sector (most importantly, access to competitive low carbon energy/electricity and feedstock) will play a crucial role.
Therefore, we need – as soon as possible – a comprehensive policy framework that preserves the competitiveness of the sector and creates the conditions for fostering the necessary investment.
EUROFER holds bi-annual seminars on the state of the EU steel market. This event will be held ahead of the release of EUROFER's quarterly economic and market outlook. This quarter's edition will be online only due to COVID restrictions.
The European Commission published, on 21 September 2020, its revision of the EU ETS State Aid guidelines for the compensation of indirect carbon costs for the period 2021-2030.
The EU's Joint Research Centre has just published a detailed report on production costs for iron and steel in the EU and third countries, exploring the various production factors that make up the competitiveness of these sectors.