In brief | 24 July '24
Bloomberg:
Europe’s wind industry warned Germany that a deal for 16 Chinese offshore wind turbines risks fostering unfair competition for local suppliers and poses a threat to the region’s energy security.
EEB:
Europe has sufficient land to expand solar and wind energy without compromising food production or nature.
‘Low-carbon’ hydrogen made with fossil gas must have strong safeguards if it is to make a positive contribution to Europe’s transition to climate neutrality.
Bloomberg:
From the end of the year, the EU will enforce a ban on imports of raw materials produced on newly deforested land anywhere in the world, but it has prompted a backlash from industries and other trading nations.
PwC:
Growth of electrified vehicles year-on-year in the top five European markets outperformed the total vehicle market in the second quarter of 2024.
IEA:
Global coal demand is set to remain largely stable this year and next as surging electricity use offsets the rapid expansion of renewables, but structural trends mean coal demand is set to reach a turning point soon.