ees 2019
16 November 2017 2017 11:00 AM GMT

EV Boost: BMW, Porsche, VW, Ford Launch Pan-European High-Power Charging Network

BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche have announced a joint venture IONITY that will develop and implement a High-Power Charging (HPC) network for electric vehicles across Europe. Launching approximately 400 HPC stations by 2020, IONITY will make long-distance journeys easier and marks an important step for electric vehicles. Based in Munich, Germany, the joint venture is led by Chief Executive Officer Michael Hajesch and Chief Operating Officer Marcus Groll, with a growing team, set to number 50 by the start of 2018.

“The first pan-European HPC network plays an essential role in establishing a market for electric vehicles. IONITY will deliver our common goal of providing customers with fast charging and digital payment capability, to facilitate long-distance travel,” said Hajesch.

A total of 20 stations will be opened to the public this year, located on major roads in Germany, Norway and Austria, at intervals of 120 km, through partnerships with “Tank & Rast”, “Circle K” and “OMV”. Through 2018, the network will expand to more than 100 stations, each one enabling multiple customers, driving different manufacturer cars, to charge their vehicles simultaneously. With a capacity of up to 350 kW per charging point, the network will use the European charging standard Combined Charging System to significantly reduce charging times compared to existing systems.

The brand-agnostic approach and Europe-wide distribution is expected to help make electrified vehicles more appealing.

Choosing the best locations takes into account potential integration with existing charging technologies and IONITY is negotiating with existing infrastructure initiatives, including those supported by the participating companies as well as political institutions. The investment underlines the commitment that the participating manufacturers are making in electric vehicles and relies on international co-operation across the industry.

The founding partners, BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group, have equal shares in the joint venture, while other automotive manufacturers are invited to help expand the network.

“The launch of IONITY represents a breakthrough in the move towards a comprehensive rapid charging infrastructure in Europe”, says the Chairman of the Executive Board of Porsche AG, Oliver Blume. “Creating a functioning charging infrastructure is necessary for ensuring electromobility is accepted and further expanded. With the rapid charging network from IONITY, we are ensuring that our customers can use electric cars on long journeys without compromising on convenience. These high-charging stations are capable of charging our Mission E to 80 percent in just 15 minutes – equivalent to a range of 400 kilometres. The Mission E is Porsche’s first purely electric sports car. It will arrive on the market in 2019, bringing e-mobility into everyday use.”

Image: Courtesy Of Porsche AG

March 23rd 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

March 23rd 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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