Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Germany eyes blue hydrogen as cabinet backs CCS
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
An end to EU green illusions
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
Shipping GHG deal ‘a framework to build upon’
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
Letter from Saudi Arabia: Oil and the materials transition
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
Powering MENA’s digital future: AI datacentres and the case for SMRs
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
Shipping sector eyes carbon trading mechanism
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
ADNOC diversifies its decarb strategy
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
Outlook 2025: The role of biofuels in global renewable energy investments
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
Outlook 2025: The energy transition and the Southern Cone
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
Outlook 2025: Southeast Asia – defining a new narrative for net zero
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
Salzgitter aims to reduce scope one emissions by 95pc through Salcos programme
Decarbonisation Germany
Polly Martin
18 April 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Salzgitter secures €1bn in government finance for green steel

The first stage of its Salcos decarbonisation programme is due to start operations by end-2025

German steelmaker Salzgitter has secured €1bn ($1.09bn) in federal and state government subsidies for its ‘Salcos’ decarbonisation programme, which aims to switch its site in Lower Saxony entirely to low-carbon processes by 2033 over three stages. The first stage, capable of producing 1.9mn t/yr of crude steel, will involve the installation of two direct reduction plants using green hydrogen and three electric arc furnaces to replace blast furnaces and converters. The first stage is expected to begin operations by the end of 2025. Salzgitter aims to reduce its scope one and two emissions from 2018 levels by more than 30pc by 2025 and 50pc by 2030, as well as reaching net zero by 2050. The st

Also in this section
Chevron joins push for Asia CCUS hubs
11 August 2025
US company reiterates commitment to CCUS as it agrees to work with major steelmakers to drive large-scale deployment in Asia
Germany eyes blue hydrogen as cabinet backs CCS
7 August 2025
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
An end to EU green illusions
6 August 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
China eyes global collaboration on CCUS
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search