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Germany passes law to make energy savings compulsory

Germany's lower house of parliament on Thursday passed a bill to make saving energy compulsory in all economic sectors, a move intended to help fight climate change and curb use of imported fossil fuels.

read more... 22/09/2023

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EU may become as hooked on China batteries as it was on Russian energy

The European Union could become as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the war in Ukraine unless it takes strong measures, a paper prepared for EU leaders said.

read more... 18/09/2023

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EU Parliament passes bill hiking renewable energy targets

European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.

read more... 13/09/2023

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Europe's high gas prices hit industrial output

Europe's gas consumption is down by between 10% and 15% compared with the decade before Russia's invasion of Ukraine, as high prices enforce a sharp reduction in fuel use especially by energy-intensive manufacturers.

read more... 13/09/2023

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BP commits to Germany with $11 billion low-carbon investment push

BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.

read more... 13/09/2023

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