Steel: The scale of the emissions-cutting potential
China’s steel industry could cut CO2 emissions by more than 400 million tons a year. But the shift to more climate-friendly production methods is moving more slowly than planned.
By Nico Beckert
China’s steel industry could cut CO2 emissions by more than 400 million tons a year. But the shift to more climate-friendly production methods is moving more slowly than planned.
By Nico Beckert
China will fail to meet its climate targets in the steel sector again in 2025. Yet, a larger share of electric arc furnaces in overall steel production would have a significant impact.
By Nico Beckert
Europe still faces significant hurdles with regard to decarbonizing its industry. According to a recent report, a lack of grid investment and the slow expansion of the hydrogen economy are hindering progress. The Clean Industrial Deal must not be watered down.
By Nico Beckert
Europe still faces major hurdles in decarbonizing its industry. According to a recent report, insufficient grid investment and the slow development of the hydrogen economy are holding back progress. It calls for the Clean Industrial Deal not to be watered down.
By Nico Beckert
Electrified process heat is already cost-competitive with fossil fuel-based heat in many low-temperature applications. A new study finds that for medium-temperature processes, electricity prices must fall further while CO₂ prices need to rise to achieve broad competitiveness.
By Nico Beckert
In 2025, one in five newly registered cars in Germany was battery-electric. According to the German Institute for Economic Research, the share could be significantly higher, with policy uncertainty delaying investment and purchasing decisions.
By Kai Schöneberg
The electrification of industry offers huge potential for reducing emissions. However, without rapid political incentives, there is a risk of massive misinvestment in fossil fuel plants. The EU is now launching a funding program.
By Nico Beckert