Welcome to "Bergsmansafton" via Teams with Bengt Kriström who is a Professor of Resource Economics and Prefect at the Department of Forest Economics, Swedish University of Agricultural Sciences (SLU) Umeå, Sweden.
At this evening's presentation, titled ` “Green” steel investments in the EU – Case study Sweden´, Bengt will share insights from his works in the field “Green” steel investments.
This will be a joint event between the Swedish and Finnish Metal & Mining Associations (SBF and VMY).
Time: February 5, 2026 at 6:30-8:00 PM.
Venue: Digital (Teams)
Language: English
The steel industry accounts for approximately 7–8 percent of global carbon dioxide emissions. To address this, several initiatives aim to establish carbon-neutral steel production by replacing coal with hydrogen derived from water and fossil-free electricity. These projects, however, depend on substantial state subsidies, raising questions about their economic viability, especially under comprehensive carbon policies, such as those outlined in the EU’s Fit-for-55 package. This evening presentation by Professor Bengt Kriström will highlight cost–benefit approach that explicitly considers the direct and indirect effects of policies on primary and secondary markets, as well as broader economic interdependencies. The EU Emissions Trading System (ETS) and Carbon Border Adjustment Mechanisms (CBAMs) are integrated into a cost benefit framework and a rigorous evaluation of the social desirability of hydrogen-based steel production is examined. The findings, based on a case study of a large-scale plant in northern Sweden, indicate significant social losses, with potentially far-reaching implications for similar projects across the EU. We might see a da capo of the 1970s European steel crisis.
BIO: Bengt Kriström is the Professor of Resource Economics and Prefect at the Department of Forest Economics, Swedish University of Agricultural Sciences (SLU) Umeå, Sweden.
Academia - Bachelor of Science Economics, 1984 Umeå; Licentiate Forest Economics, 1989 SLU; Ph.D. Economics, 1990 Umeå; Docent Economics, 1993, Stockholm School of Economics; Professor, Resource Economics, SLU, 1994-
Bengt’s research work over the years has focused on microeconomics, Cost-Benefit Analysis including the application of Contingent Valuation Method (CVM) and Computable General Equilibrium (CGE) models. He has been consultant to the Prime Minister of Sweden, EIB, IDB, OECD and other international and national organizations. He is a scientific advisor to the Traffic Council of Sweden (Trafa) and elected member of the Royal Swedish Academy of Agriculture and Forestry (KSLA), and the Royal Skyttean Society.
Bild: Bengt Kriström, Professor of Resource Economics
Anmälan senast den 4 februari
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