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European green steel makers are securing funding – and big customers – for production plants

November 28, 2022 by Soroush Basirat

European steel makers are leading the way in building the first green steel production plants. The big step forward is the securing of finance from a range of private and public banks and credit guarantors, says Soroush Basirat at IEEFA. Swedish start-up H2 Green Steel and industry leaders Thyssenkrupp and Salzgitter are now set to spend billions, while pre-sales to and commitments from BMW, Miele, Mercedes and Ford are helping to create the … [Read more...]

Filed Under: Energy, Industry Tagged With: banks, BMW, credit, EU, Europe, finance, Ford, green, H2GreenSteel, hydrogen, industry, Mercedes, Miele, Saltzgitter, steel, Thyssenkrupp

E-mobility in Germany: a record year but still way off target

January 22, 2021 by Naemi Schink and Simon Göss

In the past few months Germany has seen record levels for electric car registrations. But will this rising trend be enough to meet the government’s target of 10 million electric cars by 2030? To answer the question Naemi Schink and Simon Göss at Energy Brainpool look at the data, proposed new regulations, and funding. Though the number of electric cars has grown by over 360% in the last year there are currently only 240,000 EVs and 200,000 … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: BMW, charging, emissions, emobility, Euro7, EVs, Germany, PHEV, standards, Tesla, transport

Covid-19 and the EU car industry: any support should lock in EV targets

April 1, 2020 by Julia Poliscanova

The coronavirus slump has come suddenly and hit hard. The deep thinking has already begun on the economics needed to turn around that slump without damaging our rising emissions ambitions. Julia Poliscanova at Transport & Environment looks at the car industry. Some have called for the new CO2 standards coming in 2020 to be postponed (though, notably, VW and BMW still support them). She explains that total car sales were already declining in … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: BMW, CO2, Coronavirus, emissions, EVs, policies, support, transport, VW

Fossil fuel politics is changing: Big Oil, automakers split on Trump lowering standards

November 28, 2019 by Cara Daggett

Cara Daggett at Virginia Tech has noticed a positive change in corporate support for the Transition. In the past, Big Oil and automakers would have opposed any limits to business-as-usual. But today, major oil companies, including BP and Royal Dutch Shell, are opposing U.S. President Trump’s intention to further deregulate methane emissions. That’s because they’ve invested heavily in natural gas as a bridge fuel for a clean future, which would … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies, Transport and energy Tagged With: BMW, BP, emissions, Ford, fossilfuels, gas, Honda, methane, oil, Politics, Shell, transport, Volkswagen

VW joins Tesla and BMW – EV and energy company all-in-one pays for business and consumers

January 16, 2019 by Energy Post Premium

Last week’s announcement by VW that it is setting up a company called “Elli” (short for Electric Life) offering energy services shows VW’s vision of what lies ahead for the automotive industry. It brings them head to head with Tesla and BMW who are already playing a role outside the traditional bounds of the car business. They are the new breed, ready to profit from customers who want to go electric as long as it makes financial as well as … [Read more...]

Filed Under: Climate policy, Energy, Energy efficiency, Renewables, Transport and energy Tagged With: battery, BMW, Elli, energy efficiency, EVs, jaguar, smart grids, storage, Tesla, VW

Most read this week

  • ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030 by Daisy Dunne | posted on March 24, 2023
  • What is the future of Woody Biomass in the EU energy mix? by Simon Göss | posted on March 21, 2023
  • Blending Hydrogen into the gas network: the challenges of pipeline fractures, faster flow rate + more by NREL | posted on March 10, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023 by Ian Shine | posted on March 21, 2023
  • Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven? by Suzanne Mattei | posted on March 27, 2023
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Silicon Valley Bank failed. Don’t blame the Climate Tech it backed by Rushad Nanavatty | posted on March 23, 2023
  • Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations by Patricia Contreras Tejada | posted on March 20, 2023
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  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Extract CO2 from our air, use it to create synthetic fuels by James Conca | posted on October 11, 2019
  • U.S. IRA: what can Europe do to stop its firms relocating to America? by Charles Wessner | posted on March 17, 2023
  • New U.S. study: damage per ton of CO2 costs $185, not the official $51 by Maximilian Auffhammer | posted on October 7, 2022
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Electricity Market Design: how can reforms accelerate the transition and help cut energy prices? by Simon Göss | posted on February 13, 2023

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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      Geothermal’s full potential: 24/7 power everywhere, storage, environmental mineral extraction

      The problem with CO2e: we need separate emissions data for each climate pollutant (methane, soot, etc.)

      Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven?

      ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030

      Silicon Valley Bank failed. Don’t blame the Climate Tech it backed

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