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Spain’s largest green hydrogen plant gets go-ahead
bp and Iberdrola have decided to invest in a new 25MW green hydrogen plant at BP’s refinery in Castellón, Spain, set to begin operations in 2026.
read more... 13/09/2024
Europe Invests Billions in Battery Recycling to Fuel EV Revolution
Automakers, big and small, are investing heavily in the development of a wide range of electric vehicle (EV) models, as consumer interest in cleaner cars increases. Europe is expected to lead the world in EV uptake, as several countries introduce laws banning the sale of new internal combustion engine (ICE) vehicles starting next decade. However, with larger numbers of EVs, significantly more lithium-ion batteries are being produced and discarded as they reach the end of their lives. This means that governments and battery producers across the globe are searching for ways to recycle these batteries, to access and reuse the critical minerals stored within them. This has led to the development of a large battery recycling plant project pipeline across the region.
read more... 13/09/2024
Daily (12.09.2024): Energy prices rose on Wednesday amid concerns that Hurricane Francine in the US could disrupt LNG exports
Oil prices rebounded on Wednesday, gaining over 2%, driven by concerns over potential supply disruptions from a hurricane in the US Gulf of Mexico. Brent crude closed at $70.61 per barrel, while WTI crude rose to $67.31 per barrel.
read more... 12/09/2024
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French regulator recommends 10% household electricity price cut in early 2025
French power regulator CRE recommended that state-regulated household power prices be set at least 10% lower from February 2025 to ease the financial burden on the population.
read more... 12/09/2024
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Italy’s 1st agrivoltaic auction oversubscribed on “generous” aid
Bids for larger agrivoltaics – the dual use of land for solar energy and farming – with capacity of more than 1 MW totalled 1,550 MW, more than doubling the 740 MW announced for the tender held last week, according to data from Italy’s energy ministry.
read more... 12/09/2024