In brief | 22 May '25

FT: Northvolt failure raises stakes for Europe’s battery industry

Swedish start-up’s fate raises fears its European peers will also perish in the ‘valley of death’.

Bloomberg: Spain, Portugal urge EU effort on power link after blackout

Spain and Portugal have called on the European Union to accelerate the completion of a cross-border power connection with the Iberian Peninsula after a recent blackout highlighted risks for the region’s electricity supply. Also read CLEW's interview with the Spanish secretary of state for energy on this.

Bloomberg: BYD debuts €23,000 hatchback in Europe in race for cheaper EVs

BYD Co. is raising the stakes in Europe’s race for cheaper electric vehicles with the European launch of the Dolphin Surf, a fully-electric hatchback that will sell for less than 23,000 euros.

Follow the Money: Crossroads for carbon capture? Landmark European climate project risks falling short

Norway and three oil majors have teamed up to launch the world’s first project allowing industrial companies to transport and store their CO2 emissions. But beneath the hype, industry analysts say the project’s high costs and logistical challenges are cause for concern.

ACER: Analysis of the European LNG market developments

With future gas demand uncertain, the EU faces a trade-off: securing higher LNG volumes to ensure stabler pricing, while maintaining the flexibility to avoid over-contracting in a changing market.

Energy Research & Social Science: Climate obstruction at work: Right-wing populism and the German heating law

The paper discusses anti-net-zero discourses against the German heating law. Populist elements play a significant role in sustainability transitions.