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€470m to emission reduction projects, €300m to U.S. Steel Košice

The Ministries of Environment and Economy granted €470m from the Modernization Fund to emission reduction projects of six companies. U.S. Steel Košice will receive €300m for new electric furnaces, Duslo Šaľa €58m for the production of green hydrogen, Slovnaft €44m for technology upgrades, Mondi SCP €30m for replacement of natural gas with biogas, Rona €28m for electric furnaces, and Danucem €10m for the decarbonization of cement production. The criterion was the unit price for cutting emissions. The supported projects should reduce industrial emissions by 19%.

Although U.S. Steel has already received €600m in state subsidies for its €1.3bn project to replace coal furnaces with electric ones, it is still considering the investment and looking for investment partners.


Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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