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Northvolt to build third gigafactory in Germany

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Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany. If you use coal in your production, you embed a fair amount of CO 2 into your battery, but if we use clean energy, we can build a very sustainable product. It matters how we produce a battery cell.

Germany 250
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BASF co-locates battery materials plant and recycling center in Schwarzheide

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BASF has opened Europe’s first co-located center of battery material production and battery recycling in Schwarzheide, Germany. The new plant is not only the first production facility for high-performance cathode active materials in Germany, but also the first fully automated large-scale cathode active materials production facility in Europe.

Batteries 195
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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However, the new figures indicate that investor appetite is stronger than ever, in part due to the very high energy prices currently being seen in many markets around the world, according to BNEF. Green infrastructure is the most important investment area that China is relying on to boost its weak economy in the second half of 2022.

Financing 243
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. in the emerging economies. Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% globally, and 8.4%

Coal 261
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. This scenario would ensure that Germany meets its climate targets, Siemens said. Source: Siemens. Click to enlarge. Electricity prices in comparison.

Germany 239
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). kg in most parts of the world before 2050.

Hydrogen 221
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UK government launches new clean air strategy; ending sales of conventional diesel and gasoline LDVs by 2040

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The European Commission is taking the UK to court—along with Germany, France, Italy, Romania, and Hungary—over its long-standing failure to meet EU limits for nitrogen dioxide (NO?). It sets out the comprehensive action required across all parts of government to improve air quality. billion (US$4.7-billion)

Clean 186