IHS Markit announces launch of major new multiclient study on electric vehicles, Reinventing the Wheel WASHINGTON – Electric vehicles could make up 15 to 35 per cent of total new vehicle sales globally in 2040. The findings are part of a new research project, Reinventing the Wheel, that will be conducted over the first half of 2017. […]
Electric vehicles 15% to 35% of world’s vehicle sales by 2040 – IHS Read More »
Upfront costs for clean energy substantial By Laurie Goering LONDON, Nov 29 (Thomson Reuters Foundation) – Solar power is becoming so cheap so fast that in Abu Dhabi it’s now less costly to produce a unit of clean energy from the sun than from oil, leading energy experts said this week. But that doesn’t mean a
Clean energy gains ground – but old dirty habits die hard Read More »
Energy firms set up capital funds to search for renewable energy technology By Karolin Schaps LONDON, Dec 2 (Reuters) – Europe’s biggest energy firms have ploughed more than 1 billion euros ($1.1 billion) into startups, according to Reuters calculations, with several deals announced in the past month as they accelerate a quest for new technologies to outpace
Energy firms swoop on startups in billion-dollar technology race Read More »
Shell responds to investors’ pressure By Ron Bousso and Karolin Schaps LONDON, Dec.1 (Reuters) – Royal Dutch Shell plans to link part of its executive bonuses to greenhouse gas emissions and conduct more active screening of future investments to further efforts to reduce the energy group’s carbon footprint, its CEO told Reuters. The new initiative by
Shell ties in executive bonuses to reinforced emissions strategy Read More »
Toyota EV department to keep pace with tightening global emissions regulations TOKYO, Nov 30 (Reuters) – Toyota Motor Corp on Wednesday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace. The change comes as the United States, China and
New Toyota EV division formed, president appointed Read More »
Shell green energy deals to meet investor demands, climate policies By Karolin Schaps and Ron Bousso LONDON, Nov 30 (Reuters) – Royal Dutch Shell, the world’s second-biggest publicly listed oil company, is studying acquisitions in the green energy sector, its CEO told Reuters, as it bows to shareholder demands for a strategy beyond fossil fuels. Shell, which
Shell green energy deals studied to prepare for future after oil Read More »
China wind industry will provide 300,000 new jobs by 2020 BEIJING, Nov 29 (Reuters) – China will spend at least 1.2 trillion yuan ($174 billion) on hydro and wind energy infrastructure between 2016 and 2020, the National Energy Administration (NEA) said in blueprint document for the two industries. NEA said construction of new wind farms would
China wind, hydro energy get $174 billion investment from in next five years – NEA Read More »
EDF latecomer in offshore wind energy, but sees potential By Geert De Clercq PARIS, Nov 22 (Reuters) – The renewable energy unit of French state-owned utility EDF is in talks with Chinese companies about a possible partnership to build offshore wind parks in China, the company said. Company CEO Jean-Bernard Levy said last year the firm
EDF in talks on offshore wind partnership in China Read More »
European Commission argues for increase of second-generation biofuels BRUSSELS, Nov 22 (Reuters) – The European Commission is considering halving the maximum amount of crop-based biofuels used in transport after 2020 over concerns they increase rather than reduce carbon emissions, according to a draft seen by Reuters. While they reduce reliance on fossil fuels, crop-based biofuels are
EU considering halving crop-based biofuels by 2030 Read More »
Chinese solar firm to build plant in Chernobyl exclusion zone SHANGHAI, Nov 21 (Reuters) – Two Chinese firms plan to build a solar power plant in the Chernobyl exclusion zone around the damaged nuclear reactor, which has been off limits since a devastating explosion contaminated the region with deadly radiation in 1986. GCL System Integration Technology
Chinese solar firm to build plant in Chernobyl exclusion zone Read More »
