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Top EU economies spend 42 billion euros annually on fossil-fuel company car subsidies, study finds

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The EU‘s five largest economies—Italy, Germany, France, Poland, and the United Kingdom—spend a combined 42 billion euros (USD 45.6 billion) annually subsidizing fossil-fuel company cars, according to a study by consultancy Environmental Resources Management (ERM), commissioned by environmental group Transport & Environment (T&E). The report urges the EU to redirect these subsidies towards electric vehicles (EVs) instead. Italy leads with 16 billion euros in subsidies, followed by Germany with 13.7 billion euros. France and Poland…

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Sweco to design one of Europe’s largest energy storage projects in Belgium

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Sweco has been selected to design the Green Turtle project in Belgium, one of the largest battery energy storage systems (BESS) in Europe. The Swedish engineering consultancy will partner with Dutch energy storage company GIGA Storage to develop the 700 MW facility, which will have a storage capacity of 2.8 gigawatt-hours. The project aims to store renewable energy for release during periods of low solar and wind generation, reducing Belgium’s dependence on gas-fired power plants,…