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Italy aims to generate over $1.2B in investments for gigafactory

Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric-car battery factory with automaker Stellantis expected to play a leading role, three government sources told Reuters.

read more... 11/06/2021

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Commissioning work to fill first Nord Stream 2 gas string to begin June 11

Commissioning work to fill the first string of the Nord Stream 2 pipeline from Russia to Germany with gas is to begin on June 11, the developer of the project said June 10.

read more... 11/06/2021

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German industry warns on electrolysis restrictions

German industries federation BDI has criticised government plans to limit the exemptions applicable for renewable power used in the electrolysis process for producing hydrogen.

read more... 11/06/2021

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Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices

Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.

read more... 10/06/2021

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Renault Puts Unproductive French Plants to Work on Electric Cars

Renault SA revealed just how much work is needed to improve productivity at three French factories the struggling carmaker is trying to turn into one of Europe’s biggest hubs for electric vehicles.

read more... 10/06/2021

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