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VW will not add fourth battery plant while EV market remains sluggish

Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said.

read more... 02/11/2023

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EU, US, UAE Pressure Other Govts To Join Deal To Triple Renewable Energy

The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters.

read more... 02/11/2023

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Daily (01.11.2023): Oil prices fell on Tuesday as economic concerns ahead of the US interest rate decision outweighed supply risks driven by the Middle Eastern conflict

Oil prices fell on Tuesday as economic concerns ahead of the US interest rate decision outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude remained rather stable at $87.41 per barrel, and WTI crude dropped by 1.6% to close at $81.02 per barrel.

read more... 01/11/2023

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Czechia progresses on new nuclear unit as three companies bid for contracts

The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.

read more... 01/11/2023

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Netherlands starts construction of national hydrogen network

The King of the Netherlands Willem-Alexander has performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands.

read more... 01/11/2023

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