Germany tries for more domestic oil production
German energy company Wintershall said Friday there could be more oil in a field near the Dutch border that’s been in production for the last 70 years. Wintershall said it’s Continue Reading
German offshore wind farm closer to powering mainland
Construction of a wind farm in the German waters of the Baltic Sea, set to supply power for 400,000 homes, is ahead of schedule, the head company said. German utility Continue Reading
Why Germans Are Being Paid To Use Power
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk management, emerging market economic development, and market risk assessment. His… That means consumers are being Continue Reading
German December wind power output on track for record monthly high
Wind power will be Germany’s biggest single source of electricity this quarter with a number of storms pushing wind output to new record-highs and December on track for a new Continue Reading
Germany’s Oil And Gas Use Rises In 2017
Thanks to robust economic growth, Germany’s total primary energy consumption is expected to have increased by 0.8 percent this year, with oil and natural gas share rising and nuclear and Continue Reading
U.S. Criticizes Germany’s Support of New Russian Natural Gas Line
The top State Department official overseeing Europe offered harsh words Tuesday for Germany over the country’s continued support for a new Russian gas pipeline to Europe, while praising Denmark for Continue Reading
Honda installs new bi-directional charging technology at European R&D center
Honda has invested in advanced bi-directional charging technology at its European R&D site in Offenbach, Germany, which is helping to balance demand and store energy more efficiently across the facility. Continue Reading
Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019
Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. This will start with the mid-size eVito, with deliveries commencing in the second half of 2018. Continue Reading
Volkswagen Group to spend >$40B over next 5 years to develop electric mobility, autonomous driving, new mobility services and digitalization
The Volkswagen Group will spend more than €34 billion (US$40 billion) by the end of 2022 on the development of electric mobility, autonomous driving, new mobility services and digitalization. Most Continue Reading
Volkswagen Plans $12 Billion Electric-Car Blitz in China
Volkswagen AG and its Chinese partners will jointly invest nearly $12 billion by 2025 in developing electric cars for the local market, VW’s China chief executive said. That will enable Continue Reading