Renewables pull and strategic push

This research paper examines the 'renewables pull' and 'strategic push' factors influencing the relocation of hydrogen-based steelmaking, concluding that both are necessary for an accelerated transition.

• Hydrogen-based steelmaking utilizing green hydrogen is capable of reducing CO2 emissions by more than 95%. The 'renewables pull'-effect occurs when access to renewable energy resources attracts energy-intensive industries to new locations, as low-cost renewable electricity is a prerequisite for the process.
• The strength of the 'renewables pull' effect is sensitive to assumptions, and the cost of hydrogen-based steel varies across geographies and value chain configurations to a similar extent as conventional steel. Other factors, including labor costs and globally varying costs of capital, can be as significant as renewable energy access in driving relocation.
• A 'strategic push'—implemented via subsidies to lower capital or hydrogen costs—reduces the impact of the renewables pull effect. Relying solely on the renewables pull effect as an enabling condition may risk slowing down innovation and upscaling by 2030, which is currently taking place in higher-cost regions.

APA

Stockholm Environment Institute (2025). Renewables pull and strategic push. https://www.sei.org/publications/renewables-pull-and-strategic-push/

Chicago

Stockholm Environment Institute. Renewables pull and strategic push. 2025. https://www.sei.org/publications/renewables-pull-and-strategic-push/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Renewables pull and strategic push |date=19 June 2025 |url=https://www.sei.org/publications/renewables-pull-and-strategic-push/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2025renewables, author = {{Stockholm Environment Institute}}, title = {{Renewables pull and strategic push}}, institution = {Stockholm Environment Institute}, year = {2025}, month = jun, url = {https://www.sei.org/publications/renewables-pull-and-strategic-push/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }