Ref. Ares(2021)4055950 - 22/06/2021
• Number of low-CO2 projects: 54
• Technology Readiness Level (TRL):
at least TRL 7
• Starting year: all projects start
before 2030
• Potential annual CO2 abatement in
2030: 76 Mio tons CO2/year (1/3 of
total direct and indirect CO2
emissions of EU steel)
• Capex needs: 25 billion EUR
• Opex needs: 25-30 billion EUR
(currently being assessed)
The success of these projects and
their envisaged emission reductions
require a legislative framework that
effectively addresses carbon leakage
both during and after the projects
implementation.
Status: June 2021
22 June 2021