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UK in discussions for more gigafactories to ensure battery supply
The UK government is reportedly in discussions with a number of companies regarding the construction of gigafactories to ensure enough battery manufacturing capacity for the British automotive industry to meet future electric vehicle demand.
read more... 18/06/2021
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Fusion demonstration plant to be built in UK
Canadian company General Fusion is to build and operate a plant to demonstrate its nuclear fusion technology at UKAEA's Culham Campus near Oxford in the UK. The Fusion Demonstration Plant (FDP) will pave the way for a commercial pilot plant using Magnetised Target Fusion (MTF) technology and is expected to begin operations in 2025.
read more... 18/06/2021
EU Likely To Make Green Bond Standard Voluntary
The European Union considers making the upcoming EU Green Bond Standard not compulsory, but only voluntary for issuers of such bonds, Bloomberg reported on Thursday, quoting a draft EU document it had seen.
read more... 18/06/2021
Daily (17.06.2021): Crude oil prices strengthened on Wednesday amid declining US crude reserves
Oil prices rose on Wednesday, supported by declining crude reserves in the United States, according to the EIA’s weekly report. However, a fluctuating US dollar due to inflation concerns had limited gains. As a result, Brent oil edged 0.5% higher at $74.39 a barrel, while WTI crude closed on par with Tuesday’s settlement, at $72.15 a barrel.
read more... 17/06/2021
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‘UK’s solar sector will double by 2030 – but to hit net zero it needs to triple’
The UK’s solar sector will double in size by 2030 – but to hit net zero it needs to triple, warns Solar Energy UK.
read more... 17/06/2021