Photo: Andreja Krašna

Surging gas and electricity prices in Europe have intensified the political backlash against the EU’s plans to extend carbon taxes on petrol and heating bills, threatening a central policy of the

Photo: Analog

Carmaker Tesla could add a virtual power plant to its German electricity sales business, where it would aggregate household power storage and car batteries, German newspaper Handelsblatt reported on

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German carbon emissions will climb by their fastest pace in at least 30 years this year as the country’s coal plants benefit most from recovering power demand, think tank Agora Energiewende said on

Photo: ACER

The European Commission has proposed the inclusion of “an emergency brake” in the new emissions trading system (ETS) for road transport and buildings to ensure a gradual increase in carbon prices,

Photo: Roman Peklaj

Carbon pricing is set to underpin many of the European Commission’s proposed policy reforms due on Wednesday intended to help the EU cut its emissions by at least 55% from 1990 levels by 2030.

Photo: Roman Peklaj

The European Commission wants to stimulate the use of electric cars by tightening CO2 standards for new cars and including transport in the ETS, commission vice-president Frans Timmermans told the

Photo: Roman Peklaj

The European Investment Bank (EIB) will assess potential projects, particularly those in the road transport sector, by using a carbon shadow price of EUR 250/t for 2030, said a bank official.

Photo: Roman Peklaj

The European Commission will propose a credit system for tracking renewable power used by vehicles in its revised EU renewable energy directive planned for July as part of efforts to promote power use

Photo: Petrol

Europe’s power grids would not be able to cope with large-scale peak charging of electric vehicles (EV), participants at the Eurelectric Power Summit said on Wednesday.

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The European Commission wants to set up a very small-scale complementary ETS for road transport to start with to bring carbon pricing to the sector, said its president Ursula von der Leyen on Tuesday.

Photo: Roman Peklaj

EU carbon prices in a parallel road transport and buildings ETS could reach EUR 180/t by 2030 and influence prices in the bloc’s main cap-and-trade scheme, according to a Cambridge Econometrics

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Swedish battery manufacturer Northvolt expects to operate three large battery factories in Europe by 2030 due to soaring demand from the car industry, it said on Wednesday.