Europe must amend its permitting rules to clear the way for a massive acceleration in wind and solar development in response to the war in Ukraine, European Commissioner for Energy Kadri Simson said March 8.
read more... 09/03/2022
Hyundai Motor Co. will invest 19.4 trillion won ($16.15 billion) in electrification through 2030 the company accelerates its electric car ambitions with a new target to sell 1.87 million pure EVs by 2030 and launch 17 new EV models across the Hyundai and Genesis brands.
read more... 03/03/2022
Geopolitical tensions sent crude prices higher amid an already tight oil market. Threats to infrastructure in the United Arab Emirates and struggles by OPEC+ to hit its targeted monthly output increase lent additional support to prices. As such, Brent crude rose by 2.2% to end at $88.20 a barrel. At the same time, WTI crude price increased by 2.8% to settle at $85.20 a barrel.
read more... 26/01/2022
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid Plc.
read more... 26/01/2022
Spain's Repsol will lead a consortium to deliver 500MW of installed electrolyser capacity by 2025, rising to 2GW by 2030, which would meet half of the country's 4GW target for 2030.
read more... 21/01/2022