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German industry warns on electrolysis restrictions
German industries federation BDI has criticised government plans to limit the exemptions applicable for renewable power used in the electrolysis process for producing hydrogen.
read more... 11/06/2021
Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices
Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.
read more... 10/06/2021
Renault Puts Unproductive French Plants to Work on Electric Cars
Renault SA revealed just how much work is needed to improve productivity at three French factories the struggling carmaker is trying to turn into one of Europe’s biggest hubs for electric vehicles.
read more... 10/06/2021
Siemens Gamesa plans fossil-parity hydrogen from onshore wind by 2030
Renewable energy technology company Siemens Gamesa is targeting renewable hydrogen from onshore wind power at price parity with fossil fuel-derived hydrogen by 2030 in Europe and beyond, and sees production from offshore wind as cost-competitive by 2035, the company said June 9.
read more... 10/06/2021
Northvolt expands gigafactory plans to 60GWh
Northvolt plans to increase capacity at its gigafactory in Ett, Sweden, to 60GWh, up from an original plan of 40GWh, citing rising demand for its batteries. This would push up Northvolt's total planned European battery production capacity to 150GWh by 2030. The factory is expected to begin partial operations by the end of this year. Northvolt expects to build at least two additional gigafactories in Europe to meet its capacity goals and is exploring the possibility of building one of them in Germany.
read more... 10/06/2021