Thursday, 8 May 2025

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FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsSemiconductor

Mersen delays targets by two years on weak materials demand for EVs

"2025 will be a year of transition for Mersen due to a temporary slowdown in the electric vehicle and SiC semiconductor markets."

FILE PHOTO: Tesla electric vehicles use a Tesla supercharging station in Union City, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows

EVs now have 42% more problems than their gas-powered counterparts, down from last year's 79%.

Drought has emptied the  Jablanicko artificial lake in Bosnia that was once a major tourist attraction for the town of Konjic (AFP)
ClimateElectricityEnvironmentHydropowerNewsWeather

‘Scary’ drought empties one of Bosnia’s largest lakes

"The year 2024 was exceptionally bad for the functioning of the power plants": Elektroprivreda executive

Sir Keir Starmer set out his Government’s ‘plan for change’ at Pinewood Studios in Slough on Thursday (Darren Staples/PA)
ElectricityFuelNatural GasNewsSolarWind

Starmer denies watering down green power target in new ‘plan for change’

The Labour election manifesto promised “zero-carbon electricity” — but critics say the party has since watered down their plan.

Intense flooding in Europe alone caused around $10 billion in insured losses this year, Swiss Re said (AFP)
ClimateEmissionsNewsResiliencyWeather

Natural disasters cause $310bn in economic losses in 2024: Swiss Re

It marks the fifth consecutive year that insured losses have topped $100 billion.

FILE PHOTO: Morning commute traffic streams past the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022.  REUTERS/Peter DaSilva/File Photo
ElectricityGeothermalNewsNuclear PowerSolar

Meta buys credits from four big US solar projects

Meta signed four contracts with Chicago-based energy project developer Invenergy for enough energy to power 130,000 homes.

Shell and Equinor say they are creating 'the UK North Sea's biggest independent producer' of oil and gas (AFP)
BusinessFuelNatural GasNewsOil

Shell, Norway’s Equinor to form joint UK oil and gas firm

The joint venture "will be the UK North Sea's biggest independent producer."

Cows grazing some grass under dramatic sunset in Copenhagen
AgricultureAnalysisBiodiversityBiofuelsCarbon ManagementEmissionsEmissions MarketsEnvironmentLegislationRegulations

Denmark’s groundbreaking agriculture climate policy sets strong example for the world

Denmark’s new policy taxes livestock emissions, restores ecosystems, cuts nitrogen pollution, and sets a global benchmark.

FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, September 16, 2016. Picture taken September 16, 2016. REUTERS/Luc Gnago/File Photo
Climate FinanceNewsPolitics

Italy and African Development Bank sign $420 million co-financing deal

The deal is part of Italy's €6b Mattei plan to boost African development.

FILE PHOTO: Chief Executive of oil producer Rosneft Igor Sechin attends a meeting of Russian President Vladimir Putin with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani in Moscow, Russia June 22, 2023. Sputnik/Sergey Bobylev/Pool via REUTERS/File Photo
EconomyFuelNewsOilPolitics

OPEC+ output cuts turned US into top energy exporter, Rosneft’s Sechin says

"OPEC+ decisions to stabilise the oil market in 2016 and 2020 significantly supported the US shale industry," Sechin said.

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