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Electric vehicles' global market share projected to reach 29% by 2025
The global market share of electric vehicles (EVs) is expected to reach as much as 29% by 2025, driven by demand from China and Europe, according to Marius Kluge Foss, senior vice president at Rystad Energy on Thursday.
read more... 22/10/2021
RWE pledges to spend GBP 15bn for UK renewables
German energy major RWE AG has committed to investing GBP 15 billion (USD 20.7bn/EUR 17.8bn) in renewable energy technologies and infrastructure in the UK by 2030 as it aims to beef up its wind business in the country.
read more... 22/10/2021
EU summit to pass on energy ‘hot potato’ to ministers
EU leaders will take stock of the European Commission’s proposed “toolbox” of measures to tackle rising energy prices when they meet in Brussels today (21 October), but will leave energy ministers to discuss the details next week, according to draft summit conclusions seen by EURACTIV.
read more... 22/10/2021
Daily (21.10.2021): European carbon prices gained nearly 6% on Wednesday, on cold weather forecasts and higher energy prices
Crude oil prices rose on Wednesday, after the EIA published the report on US crude stocks, which unexpectedly decreased week-on-week. Thus, Brent oil increased by 0.9% to $85.82 a barrel and WTI crude edged 0.6% higher at $83.42 a barrel.
read more... 21/10/2021
Spain to phase out coal, nuclear and oil-fired plants by 2035
Spain is on track to phase out nuclear power, coal power and oil-fired plants by 2035.
read more... 21/10/2021