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Creating a clean steel fund: call for evidence

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14 November, 2019

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Our paper responds to a call for evidence to support the UK steel sector to transition to lower carbon production and maximise resilience in the UK steel sector.

The evidence given below is largely drawn from a recent (and ongoing) assessment of the opportunities for energy efficiency, fuel switching and material demand reduction within the UK steel sector.

Summary of our response

This paper responds to a call for evidence relating to the detailed design of the Clean Steel Fund. The £250 million Clean Fund is intended to support the UK steel sector to: transition to lower carbon iron and steel production; and maximise longevity and resilience in the UK steel sector.

CREDS proposes that to achieve the ambition of a transition to a low carbon steel sector, there should be greater emphasis on material efficiency and fuel switching options, alongside continued improvements in energy efficiency.

Jonathan Norman, Alice Garvey  and John Barrett responded on behalf of CREDS.

Full response

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