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The aim of this study is to analyze the potential of decarbonization of steel production in Slovakia and Czech Republic. The study examines the European CO2 emissions policy, steel production trends, and the European emission trading system (EU ETS) allowances and emissions of Slovakia and Czech Republic steel producers. The production of iron, steel and non-ferrous metals has a significant presence in Slovakia and Czech Republic. The metal industry, mainly iron and steel, is one of the largest energy-consuming industry, followed by non-metallic minerals. Steel making ranks as one of the three highest CO2 emitting industries, and since production occurs in a limited number of locations – the U.S. Steel Košice, s. r. o. steel-mill being the largest single producer of emissions in Slovakia and Třinecké Železárny, a. s. with Liberty Ostrava, a. s. being ones of the largest in Czech Republic – they are prime candidates for decarbonization. This paper deals with the analysis of the metallurgical sector of steel production in Slovakia and the Czech Republic using the European Union Emission Trading Scheme (EU ETS).
Keywords: decarbonization, metallurgy, emissions, EU ETS, green steel© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.