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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. The twelve Member States will provide up to €2.9 billion (US$3.5 billion) in funding in the coming years.

Battery 482
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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The European Commission approved , under EU State aid rules, an Important Project of Common European Interest (IPCEI) to support research and innovation and first industrial deployment in the hydrogen technology value chain. It is an indispensable component for the diversification of energy sources and the green transition.

Hydrogen 293
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IBM and ZSE team on Central European e-mobility project; “green highway”

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(ZSE), the largest distributor and supplier of electricity in Slovakia, on a smart energy “feasibility” study that will help prepare the capital city Bratislava for electric vehicles (EVs). IBM Slovakia is teaming with ZSE to provide insights into various implementation scenarios and infrastructure options for charging. —ZSE.

Slovakia 236
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Credendo: European aluminum sector in a critical situation

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Additionally, in China, the desire to reduce air pollution for the Winter Olympics, as well as to reduce carbon dioxide emissions—5% of which are coming from the aluminum industry—is limiting the growth of aluminum production for 2022. China is importing aluminum on a massive scale to compensate for the domestic shortage.

Ukraine 195
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War in Ukraine: We Need to Talk About Fossil Fuels

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Such an economy could be largely self contained—the technical term is autarkic —as indeed it was during the Soviet era. But Russia now has a huge ally in the world’s largest economy, China. Even then, there are several industrial sectors as well as aviation and shipping that won’t be electrified in the near future.

Ukraine 117