From January 1, 2021 the government will charge 25 euros ($30) per tonne of carbon dioxide emissions released by the transport and heating sectors Frankfurt : Germany is aiming for a green start to 2021 by shutting down a coal-fired power plant and slapping a CO2 price on transport, but critics say the efforts aren’t […]
Siemens launches local power trading platform with German utility
Using blockchain technology to link participants via an app, it allows producers to earn money from marketing their excess production, the firms said, while distributing power locally represents a more efficient use of the grid German technology group Siemens and utility Allgaeuer Ueberlandwerk (AUEW) on Thursday launched a trading platform that allows small rooftop solar […]
Daimler: Shift to electric cars non-negotiable despite virus
The company’s CEO said Wednesday the Stuttgart-based automaker was now engaging in a gradual re-start of production – and would continue its investment in electric cars and digitalization FRANKFURT: Germany’s Daimler AG, maker of Mercedes-Benz luxury cars, made only a small profit in the first quarter of 2020 as the company shut down factories and […]
BMW ups orders of battery cells for electric cars
The total increase of 6.2 billion euros ($6.9 billion) will come from a new 2.9-billion-euro contract with Samsung-SDI and an increase from 4.0 to 7.3 billion in orders from China’s CATL, BMW said in a statement Frankfurt: German high-end carmaker BMW said Thursday it was massively increasing orders of battery cells for electric cars for […]
Germany needs to ease rules to hit 2030 renewables target
Germany needs to ease restrictions on the location and size of solar power plants and wind turbines and increase incentives if the country is to meet a target demanding it double renewable energy capacity by 2030, energy companies said on Tuesday. Germany has set a target of generating 65% of its power from renewable sources […]