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<p>Decarbonising UK industry is a core part of the Government’s ambitious plan for
the green industrial revolution. The Industrial Decarbonisation Strategy published
on 17 March, commits to work with the Steel Council to consider the implications of
the recommendation of the Climate Change Committee to ‘set targets for ore-based steelmaking
to reach near-zero emissions by 2035’.</p><p> </p><p>Hydrogen, electrification, and
carbon capture utilisation and storage (CCUS) are the main technological options being
examined as part of this process. The industry decarbonisation pathways technical
annex of the strategy (pg. 153-155) presents two possible options for the decarbonisation
of the iron and steel industry: Our wide-ranging support also includes: providing
over £500m in recent years to help with the costs of energy; a £315m Industrial Energy
Transformation Fund, which aims to support businesses with high energy use to cut
their bills and reduce carbon emission; and our £250m Clean Steel Fund that will support
the decarbonisation of the steel sector.</p>
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