Επιλεγμένες Ειδήσεις από New Europe

First Plant in Europe to Produce Copper Foil for EV Batteries Gets EBRD Funding

First Plant in Europe to Produce Copper Foil for EV Batteries Gets EBRD Funding

Eager to reduce Europe’s reliance on China for materials for batteries, the European Bank for Reconstruction and Development (EBRD) said on January 10 the bank will provide a long-term loan of $28 million to support the construction of an ultra-thin copper foil factory for electric vehicle (EV) batteries in Tatabanya, northwestern Hungary,

Black Sea Bank Loan to Support Energean’s Epsilon Field in Greece’s Prinos

Black Sea Bank Loan to Support Energean’s Epsilon Field in Greece’s Prinos

The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to €90.5 million to Energean Oil and Gas, the Greek oil and gas producer said on January 4. According to Energean, the proceeds will fund Energean’s investment plans – in particular the development of the Epsilon and Prinos fields – and will also support its working capital needs and the finalization of structural expenditures in the Prinos infrastructure complex.

Hungarian aid to Volta Energy Solutions’ battery copper foil plant gets EU nod

Hungarian aid to Volta Energy Solutions’ battery copper foil plant gets EU nod

Hungary’s €24 million investment aid to Volta Energy Solutions for the extension of a battery copper foil plant in the Hungarian region of Kozep-Dunantul in Central Transdanubia complies with EU State aid rules, the European Commission said on January 7, adding that the aid will contribute to the development of the region, whilst preserving competition.

EU Taxonomy: No Greenwashing of Environment Damaging Activities

EU Taxonomy: No Greenwashing of Environment Damaging Activities

The introduction of the taxonomy is a great success for us Greens, future-oriented companies and civil society forces working on it for years. But the credibility of the taxonomy is crucial for its success. And fossil gas and nuclear power are neither ecologically or economically sustainable nor climate friendly energy sources.

The Year of Good Energy?

The Year of Good Energy?

The Covid pandemic, geopolitics, climate change, energy and the economy are likely to be key issues in 2022. New Europe wishes you Happy New Year. “What we have to have when we’re looking at these figures would be the economic debate on the use of all those commodities and the increasing demand,” Justin Urquhart Stewart, co-founder of Regionally in London, told New Europe, asked about the oil and natural gas prices for 2022.

Austrian Scheme to Support Electricity Production from Renewables Gets EU Nod

Austrian Scheme to Support Electricity Production from Renewables Gets EU Nod

An Austrian aid scheme to support electricity production from renewable sources complies with EU State aid rules, the EU’s antitrust chief said on December 20. “This scheme will enable Austria to support renewable technologies, as it has set its goal to achieve 100% CO2 free electricity generation in 2030,” EU Commission Executive Vice-President Margrethe Vestager said.

Gazing Into the Energy Crystal Ball for 2022

Gazing Into the Energy Crystal Ball for 2022

The Covid pandemic and geopolitical issues are likely to be key issues for the energy prices in 2022. “What we have to have when we’re looking at these figures would be the economic debate on the use of all those commodities and the increasing demand,” Justin Urquhart Stewart, co-founder of Regionally in London, told New Europe, asked about the oil and natural gas prices for 2022.

High Gas Prices Push up Electricity Cost in EU

High Gas Prices Push up Electricity Cost in EU

High energy prices in recent months have drawn attention from the European Commission, highlighting the importance of energy security, especially in times when global markets are volatile. Spot natural gas prices trading in the Netherlands soared this week near to record highs seen in October. Electricity prices have surged across Europe.

Its Time to Rebrand or Put the Idea of a European Defense Force to rest

Its Time to Rebrand or Put the Idea of a European Defense Force to rest

There are a few reoccurring issues that come up around the EU water cooler and that is the idea of a European Defense Force, commonly known as a “European Army”. The concept of a European Army has its roots in the early 1950s when strengthening joint defense capabilities against threats such as the Soviet Union were in discussion. Since then, the debate reemerges often after political or security shifts in the EU but primarily when the US’s priorities shift. 

BP Αcquires EV Fleet Charging Provider AMPLY Power in US

BP Αcquires EV Fleet Charging Provider AMPLY Power in US

BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. ''BP is aiming to speed up electrification in the fast-growing fleet segment,

EU Approves €3 Billion Spanish Scheme to Support Electric Vehicles

EU Approves €3 Billion Spanish Scheme to Support Electric Vehicles

The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation (RD&I), as well as environmental protection and energy efficiency measures of companies in the value chain for electric and connected vehicles, European Commission Executive Vice-President for Competition Policy  Margrethe Vestager said.

Israel, Greece, Cyprus Seeing Green Energy Future

Israel, Greece, Cyprus Seeing Green Energy Future

Israeli Prime Minister Naftali Bennett, Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nicos Anastasiades met in Jerusalem on December 7 where they reaffirmed the strong cooperation between the three Mediterranean countries, especially in energy, regional security, and stability.

Gene Βanking to Preserve Our Future

Gene Βanking to Preserve Our Future

Just over 1,000 kilometres from the north pole, 130 metres above sea level and 120 metres inside a limestone mountain lies the Svalbard Global Seed Vault. First opened in 2008 close to the town of Longyearbyen, the facility houses over a million distinct seed varieties at roughly minus 18 degrees Celsius – a long-term insurance policy intended to preserve the world’s agricultural heritage far into the future.

EU, Hungary Sign MoU Under the Battery Alliance

EU, Hungary Sign MoU Under the Battery Alliance

At the signing of a Memorandum of Understanding on the Hungarian National Reskilling Programme under the European Battery Academy, European Commission Vice President Maros Sefcovic said Hungary was among the EU’s battery pioneers and in record time has become a true champion. According to Sefcovic, it now ranks among the ten leading exporters of batteries worldwide and is the number one manufacturer of battery cells

With Mirror Clauses, Brussels Can Keep its Environmental Promises

With Mirror Clauses, Brussels Can Keep its Environmental Promises

When the EU proposed its anti-deforestation law in November, Brussels lawmakers were expecting pushback from a number of key trading partners. Expectedly, Brazil hit back at the EU, accusing the bloc of “protectionism” by employing environmental regulation as a pretext to prevent Brazilian agricultural products from entering the European market.