Latest: Energy News
Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%
At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite friction with local automakers and the threat of tariffs and other reactions
Long-running batteries with 'full life circle' costs will be key for the operating costs of Nio's thousands of battery swapping and charging stations
China is well behind its goal to slash energy and carbon intensity, leading analysts say, with weak targets set for 2024 and no move to curb coal use
In a Weibo post, the Chinese tech giant said it has 59 stores in 29 cities that will take orders for its new EV, to be launched on March 28
But there are concerns approvals for nuclear projects won’t be able to keep pace with the tech industry’s demand for cleaner power
China looks set to install another 200 GW of solar power this year, while starting work on 80 GW of pumped storage projects, but not all the news is good
Researchers in Switzerland who evaluated three carbon capture techniques said the cost could be $280 to $580 a tonne, which was double some previous estimates
Exports for January-February were up 7.1%, while imports also rose by 3.5%, but analysts said the figures stemmed from the low trade data in the same months in 2023
China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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