EU Greenlights Massive German Steel Decarbonization Aid
The European Commision has given German government authorities the go-ahead to release EUR 2 billion in support to help steelmaker ThyssenKrupp to reduce its carbon dioxide emissions.
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The European Commision has given German government authorities the go-ahead to release EUR 2 billion in support to help steelmaker ThyssenKrupp to reduce its carbon dioxide emissions.
ITM Power, which is headquartered in Britain, is coming to the western German town of Linden, north of Frankfurt.
Germany’s largest transmission systems operators have unveiled initial plans for 11,200 kilometers of pipelines to supply the country with sustainably produced green hydrogen.
If the German government gets its way, leading steelmakers could soon receive billions of euros to help them decarbonize production.
Germany's green energy sector has recently seen a number of major integrated grid and hydrogen initiatives launched, with start-ups also developing innovative waste reduction technologies.
Germany is investing significantly in green hydrogen and other renewable energy storage technologies to meet its own ambitious climate protection targets.