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News France Ciment estimates cost of national cement industry decarbonisation at Euro3.5bn

France Ciment estimates cost of national cement industry decarbonisation at Euro3.5bn

Written by Global Cement staff 30 August 2023
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France: The French cement sector association, France Ciment, has called on the government to make ‘heavy investments’ in the industry amid its on-going transition to net zero CO2 cement production. It estimated the total cost of its transition, which will include carbon capture, at Euro3.5bn,according to Les Echos newspaper. The association said that producers currently benefit from the government’s partial price cap on electricity for industrial plants. It sought clarity as to whether the cap will remain in force beyond its scheduled limit in 2025. Lafarge France said that capped prices covered 50 – 60% of its electricity consumption in 2022.

Last modified on 04 September 2023
Published in Global Cement News
Tagged under
  • France
  • France Ciment
  • GCW623
  • lobbying
  • Government
  • CO2
  • Sustainability
  • net zero
  • Electricity
  • Lafarge France
  • Holcim

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