Latest news
Northvolt to build multi-billion-euro battery plant in Germany
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023
Mannheim coal plant (425 MW) confirms market exit on 5 June
German power plant operator GKM will end market operation of its coal-fired unit 7 (425 MW) in Mannheim on 5 June, the company confirmed on Monday.
read more... 09/05/2023
Daily (03.05.2023): Brent crude fell to the lowest level since March 24
Crude oil prices slumped to their lowest levels since March 24 on increased fears over demand due to poor Chinese economic. Meanwhile, the US Federal Reserve is likely to raise rates by 25 basis points, boosting concerns about economic instability in the United States. Hence, Brent crude plunged by 5% to settle at $75.32 a barrel. WTI crude plummeted by more than 5% to $71.66 a barrel.
read more... 03/05/2023
Daily (28.04.2023): European carbon prices finally broke their six-day losing streak on Thursday, spurred by a strong auction
Oil prices saw a slight rebound following the sharp decline on Wednesday as investors eagerly anticipated the release of first-quarter growth figures for the United States, the world's largest consume. Brent crude saw a 1% increase day-on-day, ending at $78.37, while WTI crude rose by 0.6% to settle at $74.76 a barrel.
read more... 28/04/2023
IEA forecasts global EV sales to surge by 35% in 2023, will acquire 18% share of global car market
Global electric vehicle sales are set to surge by more than a third in 2023 on the back of continued support from government policies across China, Europe and the United States, according the latest Global Electric Vehicle Outlook released by the International Energy Agency on April 26.
read more... 27/04/2023