Europe's Net-Zero Ambitions Face Reality Check [zero hedge]
FREYR Battery, Inc. (FREY)
Company Research
Source: zero hedge
Europe's Net-Zero Ambitions Face Reality Check Authored by Rystad Energy via oilprice.com , EU's clean tech spending lags behind China and the US, with China investing $390 billion in 2023 compared to the EU's $125 billion The US' Inflation Reduction Act is expected to boost clean energy investments, while the EU's spending is plateauing The upcoming EU elections could result in a political shift to the right, which could jeopardize the EU's climate change and energy transition goals. The European Union (EU) is set to fall far behind its ambitious energy transition targets for renewable energy, clean technology capacity and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilization and storage (CCUS), hydrogen, batteries and nuclear – totaled $125 billion in 2023, dwarfed by China’s spending of $390 billion in the same sectors. The US is currently
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FREY
Earnings
- 2/29/24 - Beat
FREY
Sec Filings
- 9/10/24 - Form 8-K
- 9/4/24 - Form 8-K
- 8/19/24 - Form 3
- FREY's page on the SEC website