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UK backs sustainable aviation fuel, hydrogen, EVs and new nuclear in net-zero strategy
The UK government has published its net-zero strategy document, outlining financing for developing sustainable aviation fuel, an industrial and hydrogen revenue support scheme and new money for electric vehicles and nuclear.
read more... 21/10/2021
Spain urges EU to take energy crisis measures ‘beyond winter’
Ahead of this week’s EU summit, Spain has urged the bloc to implement urgent and coordinated measures to mitigate rising energy prices, warning of a “risk” that energy shortages could last beyond next winter in Europe.
read more... 21/10/2021
Daily (20.10.2021): Brent crude closed above $85 a barrel for first time since October 2018 amid lingering supply crisis
Crude oil prices climbed to fresh multi-year highs on Tuesday amid persistent global supply squeeze, while falling temperatures in China revived concerns over whether the world's biggest energy consumer can meet domestic heating needs. Hence, Brent crude rose by 0.9% to settle at $ 85.08 a barrel, the highest level since October 2018. U.S. WTI crude added 52 cents to settle at $82.96 a barrel, posting a fresh seven-year high.
read more... 20/10/2021
Stellantis, Italian startup to develop EV charging network in Europe
Stellantis has agreed a partnership with Italian e-mobility startup TheF Charging to create a European public charging network accessible to all electric vehicles, the two companies said.
read more... 20/10/2021
Portugal's EDP to invest $17.69 billion in UK wind and solar by 2030
Power company Energias de Portugal (EDP) plans to invest 12.86 billion pounds ($17.69 billion) in wind and solar projects in Britain by 2030 as the country strives to lower its emissions to net zero by mid-century.
read more... 20/10/2021