{"id":131987,"date":"2024-06-28T07:40:51","date_gmt":"2024-06-28T04:40:51","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/commission-approves-e265-million-swedish-state-aid-measure-partly-funded-under-recovery-and-resilience-facility-to-support-h2gss-green-steel-plant\/"},"modified":"2024-06-28T07:40:51","modified_gmt":"2024-06-28T04:40:51","slug":"commission-approves-e265-million-swedish-state-aid-measure-partly-funded-under-recovery-and-resilience-facility-to-support-h2gss-green-steel-plant","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/commission-approves-e265-million-swedish-state-aid-measure-partly-funded-under-recovery-and-resilience-facility-to-support-h2gss-green-steel-plant\/","title":{"rendered":"Commission approves \u20ac265 million Swedish State aid measure partly funded under Recovery and Resilience Facility to support H2GS\u2019s green steel plant"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/131987\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The European Commission has approved, under EU State aid rules, a \u20ac265 million Swedish measure made available in part through the Recovery and Resilience Facility (\u2018RRF&#8217;) to support H2GS AB in setting up a large-scale green steel plant. The measure will contribute to the achievement of the EU Hydrogen Strategy, the European Green Deal and the Green Deal Industrial Plan targets, while helping to end dependence on Russian fossil fuels and accelerate the green transition, in line with the REPowerEU Plan.<\/p>\n<p>The measure will support H2GS&#8217;s project aimed to set up a large-scale green steel plant in Boden, Sweden. The steel plant includes the construction of: (i) one of the largest electrolysers in the world with a capacity of 690 megawatt; (ii) a direct reduction plant operating with renewable hydrogen; (iii) two electric arc furnaces; and (iv) cold rolling and finishing facilities. The new installations are envisioned to start operating in 2026. They are expected to produce 2.4 million tonnes of green steel per year.<\/p>\n<p>Executive Vice-President Margrethe Vestager, in charge of competition policy, said: \u201cThis \u20ac265 million Swedish measure will support the establishment of Europe&#8217;s first large-scale steel plant based entirely on hydrogen from renewable sources. This plant will also host one of the largest electrolysers in the world. Reducing the climate impact of steelmaking is important for the achievement of the EU&#8217;s target of climate neutrality by 2050. At the same time, we ensure competition is not distorted.\u201d<\/p>\n<p>Source:<a rel=\"noopener\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/mex_24_3507\"> European Commission<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/commission-approves-e265-million-swedish-state-aid-measure-partly-funded-under-recovery-and-resilience-facility-to-support-h2gss-green-steel-plant\/\">Commission approves \u20ac265 million Swedish State aid measure partly funded under Recovery and Resilience Facility to support H2GS&#8217;s green steel plant<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[555,15094,848],"class_list":["post-131987","post","type-post","status-publish","format-standard","hentry","category-news","tag-csr-news-en","tag-h2gss-green-steel-plant","tag-sweden"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/131987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=131987"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/131987\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=131987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=131987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=131987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}