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European automakers racing to counter EV threat from China
Leading European automakers say they are growing increasingly anxious about the threat from low-cost Chinese electric vehicles but are optimistic they can defend their market share.
read more... 07/06/2024
Germany set to tender H2-ready plants from 2025
“I think things are moving quickly now, but that doesn’t mean we will have an auction scheduled this year,” the BNA’s vice president, Barbie Kornelia Haller, told a conference in Berlin organised by the country’s BDEW energy industry lobby.
read more... 07/06/2024
Daily (06.06.2024): Gas and power prices declined on Wednesday amid ample supply and rising Norwegian flows
Oil prices increased on Wednesday due to U.S. macroeconomic data suggesting a slowdown, which renewed expectations for Fed rate cuts that might enhance oil demand. Furthermore, improved economic data from China, indicated by a higher PMI Services index, also supported prices. Consequently, Brent crude climbed by 1%, closing at $78.41 per barrel.
read more... 06/06/2024
Finland could reach 26 GW offshore wind by 2050
Finland could develop 15-26 GW of offshore wind capacity by 2050, though such a high growth level depended on a massive roll-out of electrolysers for green hydrogen production, the environment ministry said on Wednesday.
read more... 06/06/2024
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Spain may fall short of 2030 solar target without batteries
Spain will likely miss its 2030 solar target if it fails to make regulatory changes boosting storage deployment, several experts said on Wednesday.
read more... 06/06/2024