Tuesday, 4 March 2025

Europe

Aerial drone view of smoke coming out of a factory chimney.
Carbon ManagementEmissionsNews

World’s first commercial CO2 storage soon ready in Norway

Norway makes progress towards opening a massive undersea vault for commercially transporting and storing carbon dioxide.

FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

FILE PHOTO: A windfarm is seen on Anglesey, north Wales May 2, 2011.  REUTERS/Toby Melville/File Photo
BusinessElectricityNewsSolarWind

Octopus Energy to invest $2.7 billion in UK clean energy

UK's Octopus Energy announced on Thursday it will invest £2 billion ($2.7 billion) in British clean energy projects by 2030.

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

FILE PHOTO: The logo of Stellantis is seen outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Stellantis and Orano drop planned JV to recycle electric car batteries

Automaker Stellantis and nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries.

FILE PHOTO: A logo is pictured on HSBC bank in Geneva, Switzerland, August 16, 2018.  REUTERS/Denis Balibouse/File Photo
BusinessClimateEconomyEmissionsLegislationNewsPoliticsRegulations

HSBC says governments’ climate plans need to provide sector details

HSBC group says governments must provide sector-level detail on carbon emission plans to make them workable.

An image of Scotland's First Minister John Swinney (Andrew Milligan/PA)
ElectricityNewsSolarWind

Scotland and GB Energy discuss ‘unrivalled opportunity’ for renewables

Scotland's First Minister, Mr Swinney, said the government will work constructively with GB Energy to revive the country's renewable potential.

FILE PHOTO: A general view of the power station of the Volkswagen plant, ahead of a Volkswagen's works council regular meeting with workers in Germany to discuss matters including progress on its cost-cutting drive, in Wolfsburg, Germany, September 3, 2024. REUTERS/Fabian Bimmer/File Photo
AnalysisBusinessElectric Vehicles (EVs)In-DepthIndustryLabourManufacturingTransport

Volkswagen labour clash spotlights Europe’s car factory problem

Despite the challenges VW faces, a review shows the carmaker may fare better than its European rivals regarding underused plants.

AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceLabourManufacturingRegulationsTrade

High costs, slowing China: Volkswagen’s perilous road ahead

Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.

The Prime Minister announced the move on Tuesday (Stefan Rousseau/PA)
BusinessEconomyElectricityInfrastructureNewsPoliticsSolarTransmissionUtilitiesWind

GB Energy announcement welcomed as Starmer urged to ‘accelerate’ action

The announcement of GB Energy being based in Aberdeen has been welcomed, as ministers were urged to “accelerate” the creation of the agency....

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