The oncoming EV trade war
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In this episode, we cover Orsted, which this week announced the shelving of two major US offshore wind projects in New Jersey, as well as a new joint venture with Eversource. We also discuss the Danish PtX tender, illuminating the competitive landscape of green hydrogen production and the frontrunners poised to redefine Denmark's renewable energy scene. In Lithuania, we explore Ignitis Group's latest onshore wind developments with CAPEX estimates of €550 million.  Plus, we touch on Lithuania's offshore wind prospects. And in New South Wales, Australia, where the state's fourth renewables tender round targets an impressive 3GW capacity. Also in this episode, we delve into the UK's newly enacted Energy Act 2023, a monumental piece of legislation promising to reshape the nation's energy framework. We unpack the aspirations and mechanisms of the Act, which seeks to catalyse £100 billion in private investment to future-proof the UK's energy system.  And finally,  we turn to analyse the intensifying tension within Europe's electric vehicle EV sector. Dissecting the "EV panic" that has gripped the continent, we examine the EU's new investigation into the subsidies that Chinese electric car manufacturers receive. Europe's alarm at the potential loss of its automotive market share to China's heavily subsidised and competitively priced EVs has the potential to lead down the path of retaliatory action and could be the first step towards, tension, tariffs and trade war. Hosted by: Oliver Carr - Lead AnalystMaya Chavvakula - News EditorDila Cebeci - Senior AnalystReach out to us at: [email protected] Find all of our latest news and analysis by subscribing to inspiratia Listen to all our episodes on Apple Podcasts, Spotify, and other providers. Music credit: NDA/Show You instrumental/Tribe of Noise
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