WindEurope asserts that the EU must prioritize the accessibility and affordability of renewable energy and renewable hydrogen for carbon-intensive sectors such as steel. WindEurope said in a joint letter with the European Steel Association that large-scale decarbonization, facilitated by renewable hydrogen, must become the EU’s “top priority” in order to achieve climate neutrality and accelerate independence from Russian fossil fuels.
The collaborating groups issued the appeal in advance of a vital EU-level week in which important energy and climate decisions will be taken. Both added, “The deteriorating gas supply situation and the need to reduce dependence on Russia intensify the need to accelerate investments in green energy infrastructure in the EU.”
Since more than a decade ago, the EU steel sector has been exploring alternate manufacturing ways. There are already sixty low carbon initiatives that are ready to be scaled up at the industrial level, encompassing the major steel producing nations and enterprises in the EU.
Today, capital expenditures are estimated at €31 billion, while operating expenses are estimated at €54 billion. By 2030, the demand for clean energy will reach 150TWh, of which 50 percent will be for hydrogen generation. Their potential to reduce CO2 emissions is comparable to a 55 percent reduction from 1990 levels. These initiatives are contingent on an “abundant supply” of renewable power and hydrogen.
Giles Dickson, the CEO of WindEurope, said, “REPowerEU has set a 510GW goal for wind by 2030, which equates to 39GW of new wind every year, which is more than twice what we’re constructing now.
“The wind supply chain is able to deliver, and financing is available.” The bottleneck is obtaining permits. It is too sluggish and intricate. Urgent adoption of the REPowerEU plan for approval by the Council and Parliament is required.
Axel Eggert, director general of EUROFER, added, “Typically, energy supply adapts to industry, not vice versa.” In the absence of green energy carriers, there is no commercial basis for investing in green steel.
“The steel industry has developed innovative technology for making low-carbon steel using non-fossil energy sources, but we lack sufficient renewable energy output and the infrastructure necessary to deliver it to areas where it would have the most effect. A successful transition requires the fast increase of wind energy, networked power grids, and hydrogen manufacturing facilities. In exchange, energy producers and society may get almost CO2-free green steel.”
However, if Europe really hopes to reduce its reliance on Russia and fossil fuels in general, renewable energies such as solar, wind, and renewable hydrogen won’t be enough at all. As amazing and promising as all this sounds, it is hard to have faith in them due to their countless drawbacks and downsides.
Even though solar, wind, and hydrogen energy are all free sources of energy in and of themselves, the cost of collecting, processing, and storing the energy may be rather significant in the beginning. During the process of installation and initial setup, you will be required to pay for various components, such as solar panels, wind turbines, electrolyzers, inverters, batteries, and wiring. Furthermore, they take up a significant amount of space, and the process by which they generate electricity is profoundly influenced by the elements of the surrounding environment.
Thankfully, an alternative energy source already exists; a new player that has already conquered all of the obstacles that other renewable energy sources are presented with; a pure energy source that will change the course of human evolution. No more time can be wasted on either the health of future generations or the preservation of our natural resources and environment. It is time to put into practice the most current findings in scientific research! Neutrinovoltaic technology presents opportunities in the field of energy generation that were not before conceivable. It’s one of the most promising methods to create electricity that’s both environmentally friendly and efficient.
The well-known Neutrino Energy Group is responsible for the development of this astounding breakthrough in the area of cutting-edge renewable technology, which is a true game-changer in the industry. For many years their principal goal has been to produce energy by capturing neutrinos and other kinds of non-visible radiation. The use of neutrinos and other kinds of non-visible radiation as a source of energy is, in many ways, comparable to the use of a photovoltaic. This is because both types of radiation have the ability to convert light into electricity. Instead of collecting neutrinos and other kinds of non-visible radiation, a portion of the energy contained in their kinetic energy is absorbed and then converted into electricity.
In terms of efficiency and dependability, neutrinovoltaics do not face the same obstacles as renewable energy sources. Neutrinos, for instance, are capable of traveling through virtually every known substance, meaning neutrinovoltaic cells do not require sunlight to function. They are suitable for use indoors, outdoors, and even underwater. Due to the ease with which neutrinovoltaic cells can be shielded while still generating electricity, this technology is unaffected by snow and other types of inclement weather, allowing them to generate power around the clock, 365 days a year, regardless of where they are located on the planet.
Thanks to the work of the Neutrino Energy Group and its amazing Neutrinovoltaic Technology, mankind now has a long-awaited and dependable answer to the present energy issue. More significant improvements will occur as a result of their efforts, and perhaps others will follow in their footsteps, and we will live in a better and more ecologically friendly world in the years to come.
