Latest news
Europe's power firms locked out of record price bonanza
Several European power firms have been shut out of bumper revenues from record high gas and electricity prices as their sales are largely locked in at lower prices, and face extra pressure from governments acting to protect consumers.
read more... 20/09/2021
Daily (17.08.2021): EUAs strongly rebounded on Monday amid a bullish energy complex
Crude oil prices eased on Monday after data showed Chinese factory output and retail sales growth slowed sharply in July due to new restrictions. However, sources said that OPEC and its allies believe the markets do not need more oil than they plan to release in the coming months, limiting losses. As such, Brent crude fell by 1.7% to settle at $67.29 a barrel. At the same time, the American WTI lost 1.6% at $69.51 a barrel.
read more... 17/08/2021
Europe to boost battery production as electric shift accelerates
As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.
read more... 27/07/2021
Europe powers up electric car battery drive
As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia.
read more... 21/06/2021
Kia to expand sales of electric vehicles in Europe with Uber
Kia will work together with share transport network company Uber, and speed up to sell electric vehicles in Europe.
read more... 17/06/2021