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Volkswagen, Iberdrola, Enel, BP to install EV recharging stations, battery plants in Europe
Volkswagen has set up a strategic alliance with Iberdrola to expand electrification in Spain, in addition to tie-ups with Italian utility Enel and U.K. energy group BP in Europe, as well as other partners such as Ionity and Aral.
read more... 17/03/2021
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EU probes Greece’s largest power producer’s behaviour in wholesale market
The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (PPC) in the wholesale Greek electricity sector, examining whether Greece’s largest power producer and electricity supplier distorted competition and slowed down renewable energy investment, the EU’s anti-trust chief said on March 16.
read more... 17/03/2021
Britain to spend $1.4 bln to cut carbon emissions from industry, hospitals
Britain plans to invest 1 billion pounds ($1.39 billion) to cut emissions from industry, schools and hospitals, it said on Wednesday, as part of wider "green revolution" designed to create thousands of jobs and meet climate targets.
read more... 17/03/2021
North Sea oil drilling ban 'unlikely' but not ruled out by UK ministers
The UK government is unlikely to impose an "outright" ban on new exploration licenses in the North Sea basin, a person close to the matter told S&P Global Platts on March 15, after weekend reports that ministers were considering a moratorium on new drilling.
read more... 16/03/2021
Invest $131 trillion in clean energy by 2050 to hit climate goals
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday.
read more... 16/03/2021