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Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

Green Car Congress

As of 20 July, participating governments include China, France, Germany, Japan, South Africa, Spain, Sweden, the United Kingdom, and the United States. Multilateral Solar and Wind Working Group. Solar and LED Energy Access Program (SLED). Other initial partners include the International Energy Agency.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. A new propane dehydrogenation (PDH) plant coming on stream in Kallo, Belgium, in 2023, will be key to expanding OMV’s monomer position in Europe. Refining & Marketing.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA. Click to enlarge.

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Volvo joins Tesla in halting EV production due to Red Sea attacks

Baua Electric

Volvo said it would halt production at its factory in Ghent, Belgium, for three days after rerouting ships to avoid potential violence. Turning ships south to travel around Africa takes much longer than cutting through the Suez Canal. Rerouting adds 10 days and $1 million in fuel costs to a journey from Asia to Europe, Reuters reports.

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