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.
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Brussels, 09 July 2020 – With the Global Forum on Steel Excess Capacity (GFSEC) having been reactivated, the European Steel Association (EUROFER) has called for an intensification of its ongoing work. The GFSEC is a key forum to establish the transparency necessary to map global overcapacity – a pre-condition to facilitate capacity reductions globally.
Brussels, 08 July 2020 – The European Commission has today launched its ‘Hydrogen strategy for a climate-neutral Europe’, which sets out a plan to establish an integrated hydrogen energy network in Europe by 2050. As a major potential user of clean hydrogen, the European steel industry has welcomed the launch of the strategy.