The Hollandse Kust West (HKW) tender’s “Site VII” results were released by the Netherlands Enterprise Agency (RVO). It is the most recent significant non-price auction. The winning bid came from RWE subsidiary Oranje Wind Power II. A 700 MW offshore…
As a result of the energy crisis, Europe may be forced to deindustrialize
In spite of record-setting prices, a significant reduction in the supply of Russian gas, and a liquidity crisis on the energy market, the European Union has been discreetly celebrating a constant fall in gas and electricity use this year. However,…
Large-scale “reskilling” jobs are required in Europe as a result of the switch to EVs
The transition to electric vehicles will necessitate enormous changes in the automobile sector and will call for the European Union to provide financial support for “reskilling” initiatives that will assist workers in becoming ready for a future with zero emissions.…
China’s plan to overtake the European market for electric vehicles
For some folks, the car would be their ideal vehicle. a 653 hp motor You can accelerate from 0 to 100 kilometers per hour in 3.9 seconds. This all-electric, all-wheel drive vehicle has a range of 500–700 kilometers, depending on…
During the crisis, Europe’s historic growth in wind and solar saves €11 billion in gas expenditures
According to a recent analysis by E3G and Ember, since the start of the war, wind and solar energy have produced 25% of the EU's electricity, with record growth from only last year saving the region €11 billion in gas…
The European wind sector is “struggling” in the face of escalating costs
Despite the energy crisis, major industry figures have warned that European wind turbine makers are struggling financially and slashing employment, putting them at risk of losing market share to Chinese rivals. Both the turbine manufacturers General Electric Renewables and Siemens…
Europe’s crisis response to the rise in energy prices
A set of emergency measures to lower soaring gas and electricity prices that are fueling inflation, impeding industrial activity, and putting consumers on the hook for exorbitant bills ahead of winter was adopted by the European Union governments on Friday.…
As Europe debates a gas price cap, energy prices skyrocket
On Monday, Europe felt the chill of rising energy prices, with France admitting it could not cover all of the extra expenses for consumers, and Britain facing a rising risk of recession. The European Union and the United Kingdom are…
CEOs urge European authorities to hasten adoption of ‘proven and scalable’ energy storage systems
The chief executive officers of Fluence, Gore Street, Gresham House, and six other companies have issued an open letter urging European policymakers to establish suitable goals and policy frameworks for the adoption of energy storage. The co-signatories praised the REPowerEU…
Germany declares gas crisis as Russia cuts supplies to Europe
Germany raised the "alarm stage" of its crisis gas plan on Thursday in response to declining Russian supplies, but refrained from enabling utilities to pass on rising energy bills to consumers in Europe's biggest economy. The action is the most…