Bloomberg New Energy Finance has upgraded its forecast for global energy storage (GES) by 13% thanks to recent developments in the US and Europe. GES currently sits at 50 GW. Bloomberg New Energy Finance (BNEF) is predicting that it will rise to almost 150 GW by 2025, and over 400 … [continued]
T&E briefing outlines how Europe could cut 35% of its transport oil demand. Russia is the 2nd biggest oil exporter in the world and Europe is its biggest customer. Russia currently supplies one out of every four barrels of oil consumed in Europe, two thirds of which is used in … [continued]
REpowerEU is an opportunity to create an EU level strategy and support mechanisms to lower oil demand in the near term. In this position paper, T&E highlights top priorities. Originally published on Transport & Environment. REpowerEU is the EUʼs flagship strategy to reduce Europeʼs energy dependance on Russia, planned for publication … [continued]
