European Lithium-Ion Battery Dilemma — Build Or Buy?
Europeans are in a quandary about whether to build battery factories now or wait for the next generation of solid state batteries to arrive. The decision is not an easy one to make.
Europeans are in a quandary about whether to build battery factories now or wait for the next generation of solid state batteries to arrive. The decision is not an easy one to make.
288 of the world’s largest investors have written a letter to the G7 leaders, urging them to stop using coal to generate electricity and speed up their actions agreed to in Paris in 2015. A study this week says the world’s nations are still subsidizing fossil fuels to the tune of $100 billion a year.
The Royal Bank of Scotland announced a new suite of energy financing policies at the end of May, which are designed to substantially reduce the bank’s exposure to fossil fuel investments and includes halting project-specific financing for new coal-fired power stations, coal mines, and oil sands and Arctic oil projects.
The Paris Agreement adopted in 2015 was lauded as a turning point in the global fight against climate change. The question today is: Are countries responding to it?
After years of being derided as a joke by car manufacturers and the public, interest in electric vehicles has increased sharply, especially as governments around the world move to ban petrol and diesel cars.
The Netherlands has announced that it will ban the use of coal for electricity generation from 2030 onwards, and that the two oldest plants must close by the end of 2024, in a move that Germany utility company RWE has deemed “ill judged.”
Around the world, cities endeavor to cut greenhouse gas emissions, while adapting to the threats – and opportunities – presented by climate change. It’s no easy task, but the first step is to make a plan outlining how to meet the targets set out in the Paris Agreement, and help limit the world’s mean temperature rise to less than two degrees Celsius above pre-industrial levels.
Renewable energy generation is still on the rise in Germany, though at a much lower pace than in the years around 2010, writes Marius Buchmann of Jacobs University in a detailed overview of the German electricity market in 2017. Costs of the feed-in tariff are stagnating, notes Buchmann, but redispatch costs which grid operators incur to keep the system stable, reached a new record far above €1 billion.
After the auto bailout, Ford, GM and Chrysler pledged to support stricter fuel standards. Now, they are working with President Trump to weaken those rules.
Poland, Slovakia, the Czech Republic and Hungary are all planning to build new nuclear power plants. But according to a new study by Energy Brainpool, commissioned by Greenpeace Energy, they could also opt for controllable renewable power plants.