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Europe in danger of losing EV battery race

Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and fierce competition, a report by the European Court of Auditors (ECA) said on Monday.

read more... 20/06/2023

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Germany, EU to combine funding schemes to boost green hydrogen

Germany wants to combine its H2Global funding scheme to support green hydrogen with the new European Hydrogen Bank, the economy ministry said in a statement on Wednesday.

read more... 01/06/2023

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New global renewables capacity additions to rise by a third this year

Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment.

read more... 01/06/2023

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Daily (17.05.2023): European carbon prices rose by 2% on Tuesday as the market anticipated a shortage of supply for the remainder of the week

Oil prices edged lower on Tuesday as a slow recovery in China, a stronger dollar and uncertainty about the global economy weighed on prices. Thus, Brent crude traded 0.4% lower to settle at $74.91 a barrel. WTI crude settled at $70.86 a barrel.

read more... 17/05/2023

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Daily (10.05.2023): European carbon prices extended gains for the third day in a row, boosted by bullish sentiment and moderate volume

On Tuesday, oil prices marked a third consecutive day of gains, led by a U.S. report that slightly boosted its outlook for global demand for refined products. Thus, Brent crude added 0.6% to settle at $77.44 a barrel. WTI crude advanced by around 0.8% to $73.71 a barrel.

read more... 10/05/2023

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