Thursday, 30 January 2025

Focus on European Commission

A view of the retired Agios Georgios power station in Keratsini suburb, near Athens, Greece, January 3, 2025. REUTERS/Louiza Vradi
AnalysisBusinessCoalEconomyElectricityFuelIndustryNatural GasNuclear PowerOffshore WindPoliticsUtilitiesWind

Europe’s power price divide hits southeastern economies

Greek businesses and households face soaring energy costs, as uneven investment deepens Southeast Europe's energy crisis.

FILE PHOTO: A Stellantis worker stands at work during production at the group's new electrified dual-clutch transmission (eDCT) assembly facility in the Mirafiori complex in Turin,Italy, April 10, 2024. REUTERS/Massimo Pinca/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

Stellantis Italy output falls 37% in 2024, car production hits 68-year low 

Production of cars in particular shrank by 46% to the lowest since 1956, while output of new commercial vehicles fell 17%.

Slovak Prime Minister Robert Fico attends a meeting with Serbian President Aleksandar Vucic in Belgrade, Serbia, November 21, 2024. REUTERS/Djordje Kojadinovic
EconomyFuelNatural GasNewsPoliticsTrade

Slovak PM Fico warns of gas crisis without Ukraine transit route

Ukraine has repeatedly said it would not continue a gas transit deal with Russia as the two countries are at war.

FILE PHOTO: German Chancellor Olaf Scholz attends a European Union and Western Balkans countries' summit in Brussels, Belgium, December 18, 2024. REUTERS/Johanna Geron/File Photo
AutomotiveClimateCourtsEconomyElectric Vehicles (EVs)EmissionsNewsPoliticsTransport

Automaking countries press EU to relax rules on CO2 fines

German Chancellor Olaf Scholz said it did not make sense to add to the difficulties the industry faces.

FILE PHOTO: Vehicles queue in traffic at a highway in Frankfurt, Germany, March 27, 2023. REUTERS/Kai Pfaffenbach/File Photo
AutomotiveClimateCourtsEmissionsNewsPoliticsRegulationsTransport

EU not buckling to pressure over car CO2 rules, climate chief says

Europe's car industry potentially faces $15.8 billion of fines for failing to meet 2025 targets.

EU conservatives want the bloc to shift into reverse on its rule to phase out the sale of new combustion engine vehicles in 2025 (AFP)
AutomotiveBusinessClimateEconomyEmissionsEnvironmentFuelLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsTransport

EU conservatives seek to stall 2035 combustion engine ban

EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.

A view of new cars parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Bart Biesemans/ File Photo
AutomotiveBiofuelsElectric Vehicles (EVs)EmissionsNewsPolitics

EU’s largest political group pushes to weaken combustion engine ban

The European People's Party is campaigning to weaken the EU's key policies on reducing car CO2 emissions.

ElectricityEmissionsGeothermalNewsPolitics

EU looks to geothermal in drive for energy security, document shows

"The use of geothermal energy contributes to the strategic objectives of the European Union," the draft document said.

FILE PHOTO: Snow covers the roofs of the so-called "Alter Flecken" (old spot), the historic core of Freudenberg with its half-timbered houses from the 17th century in the heart of the federal state of North Rhine-Westphalia near the city of Siegen, Germany,  January 19, 2024.   REUTERS/Wolfgang Rattay/File Photo
ChemicalsElectricityFuelIndustryLiquefied Natural GasManufacturingNatural GasNews

Analysis: Gas price shock set to add to Europe’s industrial pain

EU gas demand is 17% below the five-year average observed during pre-pandemic years — but it is still vulnerable to price shocks.

FILE PHOTO: Visitors check a Polestar 1 hybrid vehicle displayed during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

Analysis: China automakers pivot to hybrids for Europe to counter EV tariffs

The bloc's latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to hybrid cars.

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