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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

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Snam bets on Italy's role in Europe with higher gas investments

Gas grid operator Snam aims to boost Italy's role in the European energy system with new investments, its new CEO said on Thursday when presenting the group's plan to 2026.

read more... 20/01/2023

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High power prices will last for years – Vattenfall CEO

Europe will likely see extremely high and volatile power prices for several years even if the war in Ukraine were to end tomorrow, the CEO of Sweden’s Vattenfall told Montel on Monday.

read more... 05/07/2022

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Europe’s electricity industry calls for €400bn investment in distribution grids

Jean-Bernard Lévy, the chairman and CEO of French utility EDF and current president of power industry association Eurelectric, has urged EU countries to invest in distribution grids in order to sustain Europe’s move towards climate neutrality.

read more... 22/06/2022

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Spain has 20bcm of regasification available for the EU

Spain has around 20bcm/year of natural gas in surplus at its six regasification plants that could replace Russian flows, the CEO of TSO Enagas said on Tuesday.

read more... 27/04/2022

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