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Europe in danger of losing EV battery race
Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and fierce competition, a report by the European Court of Auditors (ECA) said on Monday.
read more... 20/06/2023
Daily (19.06.2023): Crude oil prices extended gains on Friday amid stronger demand from China
Crude oil prices extended gains on Friday amid stronger demand from China. Ahead of a long weekend in the US, WTI crude traded 1.6% higher at $71.78 a barrel. Brent crude increased by 1.2% to settle at $76.61 a barrel.
read more... 19/06/2023
France mulls at least 8 reactors, solar boost in new policy
The French government is mulling building a minimum of eight new nuclear reactors and boosting targeted solar capacity from 100 GW to 140 GW by 2050, according to an official document seen by Montel on Thursday.
read more... 19/06/2023
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Britain's National Grid expects to meet electricity demand this winter
Britain's National Grid expects to have enough capacity to meet demand for electricity this winter and will keep exploring additional options amid continued supply risks following Russia's invasion of Ukraine, it said on Thursday.
read more... 19/06/2023
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EU to vote on extension for coal subsidies beyond 2025 Monday
European Union countries are considering a proposal that would let member states prolong capacity mechanism support for coal plants by ducking CO2 emission limits, a draft document seen by Reuters showed.
read more... 19/06/2023