UNESID emphasized that access to energy is a critical factor in energy-intensive industries, such as the steel sector, where energy costs make up a significant portion of production costs. They stated that ensuring stable and affordable energy access is of great importance for both maintaining competitiveness and achieving decarbonization goals.
The European Commission is urged by UNESID to set clear guidelines for the design and implementation of agreements that ensure competitive and predictable energy prices for energy-intensive sectors.
They also emphasized the need for concrete and coordinated measures to reduce regulatory costs included in electricity bills across the EU. This demand aims to not only enhance the competitiveness of industries but also contribute to accelerating the decarbonization process.
Carola Hermoso, Director General of UNESID, stated that the European steel sector will not be sustainable unless structural measures are taken to reduce energy costs. "The European steel sector is facing an unsustainable situation unless structural measures are implemented to reduce energy costs. We cannot wait for years to see the impact of investments in low-carbon energy. We must find urgent solutions to ensure the competitiveness and survival of our industry and reduce carbon emissions; otherwise, thousands of jobs could be at risk."
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