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Brazil is positioned to become a global leader in green iron exports due to its abundant renewable energy, which can make hydrogen-based direct reduction (H2-DRI) steel production up to 65% cheaper than in other countries.

The report argues that the European Union's 2020 hydrogen strategy was overly ambitious and requires recalibration to align with market realities. It advocates for a pragmatic, implementation-focused approach that prioritizes 'hard-to-electrify' sectors—such as steel, maritime, and fertilizers—while utilizing a combination of mandates ('sticks') and targeted funding ('carrots') to bridge the cost gap between renewable hydrogen and fossil-based alternatives.

This report by the Stockholm Environment Institute uses scenario analysis and data from LeadIT’s Green Steel Tracker to estimate the renewable electricity and renewable hydrogen requirements for the European Union's green steel transition, focusing on iron reduction and primary steel production.

This working paper, based on a 2023 study by the Stockholm Environment Institute and others, evaluates four decarbonization scenarios for the gas sectors of Estonia, Latvia, Lithuania, and Finland. The analysis focuses on transitioning from fossil gas to renewable methane and hydrogen to enhance energy security and meet 2050 EU sustainability goals, projecting a regional gas demand reduction from 63 TWh in 2021 to 38 TWh by 2050.

This executive summary, based on a report by Aeby et al. (2023), analyzes four decarbonization pathways for the gas sectors of Estonia, Latvia, Lithuania, and Finland to achieve full decarbonization by 2050. The study evaluates scenarios including Business-as-Usual (BAU), Renewable Methane (REN-Methane), Renewable Hydrogen (REN-Hydrogen), and a Cost-Minimizing (CM) scenario, emphasizing the need for regional coordination to reduce dependence on Russian gas and meet EU sustainability goals.