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Germany's largest power producer RWE to spend $57 billion through 2030 in green power push
RWE plans to invest 50 billion euros ($57 billion) through 2030 to raise its renewable energy capacity to 50 gigawatts, Germany's largest power producer said on Monday in a strategy update ahead of its capital markets day.
read more... 16/11/2021
Russia to refocus energy strategy in bid to reach carbon neutrality by 2060
Russia's aim to be carbon neutral by 2060 -- announced by President Putin in the run-up to the COP26 climate meeting -- will require a huge restructuring of its economy, which is today heavily dependent on oil and gas revenues.
read more... 01/11/2021
UK backs sustainable aviation fuel, hydrogen, EVs and new nuclear in net-zero strategy
The UK government has published its net-zero strategy document, outlining financing for developing sustainable aviation fuel, an industrial and hydrogen revenue support scheme and new money for electric vehicles and nuclear.
read more... 21/10/2021
VW planning to re-lease its used EVs as strategy to keep hold of batteries
Volkswagen plans to crack an industry barrier and offer used-vehicle leases on its ID family of electric vehicles, including those in North America, as a strategy to keep control over their valuable batteries, VW executives told Automotive News Europe sister publication Automotive News.
read more... 07/09/2021
Daily (02.09.2021): European carbon prices lost 1% on Wednesday, tracking a bearish energy complex
Crude oil prices diverged on Wednesday. The Brent benchmark lost nearly 2% at $71.59 a barrel, as OPEC+ members confirmed their strategy of increasing production by 400.000 bpd in October. WTI oil edged higher, as a weekly decrease in US crude stocks limited losses. As such, WTI edged 0.1% higher at $68.59 a barrel.
read more... 02/09/2021