- The Business Post reports that Ireland’s energy outlook has improved for the coming winter, according to Eirgrid, with a significantly reduced risk of the country’s electricity generation not meeting demand. Additional capacity has reduced the likelihood of energy insufficiency this winter by just under 83 per cent from the year before. https://www.businesspost.ie/article/eirgrid-new-generators-and-battery-storage-reduce-risk-of-winter-energy-shortfall/
- Reported by Irish Tech News, researchers at Chalmers University of Technology in Sweden have established a world-leading structural battery that could increase the driving range of an electric car by up to 70% on a single charge. https://irishtechnews.ie/worlds-strongest-battery-light-energy-vehicles/
- The Irish Times have outlined their usual EV question and answer column, covering charging, batteries, damage, range concerns, and more. https://www.irishtimes.com/motors/2024/10/08/your-ev-questions-answered-some-quick-fire-questions-on-electric-cars/
- According to the Irish Examiner, European Union backers of Chinese EV tariffs face the biggest risk of retaliation, with the EU’s decision to imposing tariffs now shifting its focus to how and when Beijing will retaliate for the escalation in its biggest trade dispute with the bloc in years. https://www.irishexaminer.com/business/economy/arid-41490794.html
- According to The Guardian, transparency records have found that the UK government’s move to award ￡22bn in subsidies to carbon capture projects followed a sharp increase in lobbying by the fossil fuel industry. Oil and gas giants such as Equinor, BP, and ExxonMobil attended 24 of 44 external ministerial meetings to discuss carbon capture and storage in 2023. https://www.theguardian.com/business/2024/oct/07/uks-22bn-carbon-capture-pledge-follows-surge-in-lobbying-by-fossil-fuel-industry-records-show
- Detailed by Bloomberg, the World Bank has advised Malaysia to cut their petrol subsidy and blanket state support in order to meet their budget aim. Malaysia currently absorbs much of the price of fuel and cooking oil for its population, a move that was estimated to cost 81 billion ringgit last year. https://www.bloomberg.com/news/articles/2024-10-08/malaysia-must-cut-petrol-subsidy-to-meet-budget-aim-world-bank
