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France Uncovers Massive White Hydrogen Deposit
The green hydrogen revolution has an energy problem. For years, green hydrogen – the industry term for hydrogen produced from renewable and clean energies – has been touted as a silver-bullet solution for hard-to-decarbonize industries. But producing green hydrogen is energy-intensive, making it a pricey endeavor that is often suboptimal in terms of efficient resource use. But yet another kind of hydrogen, white hydrogen, could finally provide the kind of climate panacea that green hydrogen has long promised – and failed – to deliver.
read more... 03/11/2023
Daily (02.11.2023): Oil prices retreated on Wednesday after Fed leaves rates steady
Oil prices retreated on Wednesday after the release of the weekly US inventory figures and the Fed meeting. The central bank announced an extension of its pause in interest rate hikes. As a result, Brent crude tumbled by 3.2% to settle at $84.63 per barrel, while WTI crude ended at $80.44 per barrel, down about 1% day-on-day.
read more... 02/11/2023
Portugal launches initial phase of offshore wind auction
Portugal has kicked off the preparatory process for its first auction of licences to build wind farms off the Atlantic coast by inviting companies to present non-binding declarations of interest by Nov. 14.
read more... 02/11/2023
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
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