Recent Posts

Spain eyes energy price cap as factories shut down

  Bloomberg Spain plans to set temporary limits on power prices in the coming weeks, in one of the boldest attempts in Europe to stem a surge in energy costs that has forced industries to shut operations and furlough workers. Ecological Transition Minister Teresa Ribera said she is confident the European Council will give the green light to limits at ...

Read More »

Northvolt plans 60-GW battery plant in Germany

Bloomberg Swedish battery-maker Northvolt AB is building a new plant in northern Germany as European car manufacturers accelerate their shift to electric vehicles. The factory, dubbed “Northvolt Drei,” would produce 60-gigawatt hours of battery capacity annually, the company said. Northvolt expects it to produce its first lithium-ion batteries in 2025. The new plant in Germany will boost Northvolt’s overall battery-cell ...

Read More »

Putin has finally ended ‘German exceptionalism’

As a young KGB officer stationed in Dresden, Vladimir Putin became fluent in German and went on to fancy himself quite the expert on his host culture. How ironic that decades later his actions have led to a turning point in German history that he won’t like, but the world should welcome. When Putin launched his unprovoked war of aggression ...

Read More »
Send this to a friend