1、Decarbonisation of the EU RegionSingapore,01 December 2025Dr.Klaus PetersSecretary General,ESTEPDr.Franz HrzenbergerCo-chair Clean Steel Partnership(CSP)01.12.20251EU Steel RegionCharacteristics01.12.2025201.12.20253Employment and GVA in the EU steel industry01.12.20254EU steel production sites01.12
2、.20255EU steel production by production routeEU Steel RegionAmbition01.12.2025601.12.20257Policy targets and EU steel roadmapsSteel and Metals Action Plan01.12.20258Decarbinisation targets EU Industrial Green Deal+EU Climate target All industry not specific for steel industry at least 55%reduction b
3、y 2030 90%reduction by 2040 net-zero by 2050 Dedicated instruments 2026:phase out of free emissions allowances for the steel sector under the EU Emissions Trading Scheme ending completely in 2034.2026:Carbon Border Adjustment Mechanism(CBAM)starts 2025:Publication of Steel and Metals Action Plan(SMA
4、P)process electrification,switching to green hydrogen,and circularity,primarily through instruments already in place or under development.020406080100201520202025203020352040%EU ETS free allowances phase-outCBAM phase-inLinks:EU Industrial Green Deal,2040 Climate targets,CBAM,SMAPEU Steel RegionFina
5、ncing01.12.2025901.12.202510Financing /funding schemes Funding instrumentsSource:GreenSteel4Europe final report(link)Source:RFCS public consultation meeting,19 June 2025Innovation FundFacts:EU steel industry significantly contributes to Innovation Fund through CO2 taxes estimate 3 B/yr(2022)EU steel
6、 industry participates with about 5 8 large scale proposals per year.In contrast to other EIIs(cement,lime,chemical)EU steel industry has limited success in launching large scale projects(around 100 300 million EURO)2021 Hybrit(H2 steelmaking)2023 H2GS(H2 steelmaking)2024 ZESTA(H2 steelmaking)No suc