Latest news
Stellantis, CATL to invest $4B in EV battery factory in Spain
Stellantis and Chinese battery maker CATL will invest €4.1 billion ($4.33 billion) to build one of Europe’s largest electric vehicle battery factories in Spain, encouraged by lower costs and government funding.
read more... 11/12/2024
Britain's INEOS and partners to invest in CO2 storage off Denmark
Chemicals group INEOS has taken a final investment decision with partners to build a CO2 storage project off Denmark, potentially the first such EU project to start operations, the firm owned by British billionaire Jim Ratcliffe said on Tuesday.
read more... 11/12/2024
France is losing renewable investment due to slow permits
France must make it easier to develop solar, wind and battery projects or lose out to neighbours, the CEOs of French oil major TotalEnergies and state-owned EDF said on Tuesday at the French electricity union (UFE) annual conference.
read more... 11/12/2024
Daily (10.12.2024) European carbon prices posted the biggest loss in six months ahead of December contract expiry
Oil prices climbed by around 1.5% on Monday, fuelled by geopolitical instability in the Middle East. Brent crude closed at $ 72.14 per barrel, while WTI crude settled at $68.37 per barrel.
read more... 10/12/2024
EU to boost geothermal energy to cut reliance on Russian gas
The European Union is set to prioritise geothermal energy as part of its strategy to enhance energy security and reduce reliance on Russian gas.
read more... 10/12/2024