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Global wind to reach 1TW in 2023

The global wind energy market will pass the one terawatt (1TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.

read more... 13/04/2023

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Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030

Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand.

read more... 12/04/2023

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EDF’s riverside reactor build plans “irresponsible”

France’s plan to build two riverside reactors is “irresponsible”, given the acceleration of global warming-related water strain, nuclear expert and critic Yves Marignac told Montel.

read more... 10/04/2023

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G7 climate ministers consider endorsing new gas investments

Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals, according to a document seen by Reuters.

read more... 07/04/2023

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Daily (06.04.2023): European carbon prices hit a new three-week high on Wednesday, boosted by compliance and fund buying

Oil prices ended almost flat for the second session in a row, still caught by concerns about a possible seizure of the global economy. As a result, Brent crude ended at $84.99 a barrel, while WTI crude steadied at $80.61 on Wednesday.

read more... 06/04/2023

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