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Latest: Energy News

China ‘Needs to Fix its Electricity Grid, Not More Coal Power’
China ‘Needs to Fix its Electricity Grid, Not More Coal Power’

Greenpeace says China should add more storage capacity and make its power grid flexible so it can respond better to periods of high demand, rather than building more coal plants

Low-Priced China-Made Teslas to be Shipped to Canada
Low-Priced China-Made Teslas to be Shipped to Canada

The carmaker said on the weekend it would offer a new, cheaper version of its Model Y in Canada at C$10,000 ($7,378), while Ottawa said the car should also qualify for a hefty subsidy.

BYD to Build $290m EV Battery Component Plant in Chile
BYD to Build $290m EV Battery Component Plant in Chile

The plant will produce 50,000 tonnes per year of lithium iron phosphate (LFP) for cathodes, using lithium carbonate as an input

US Has No Plan to ‘Decouple’ with China, Yellen Says
China Becoming More Rival Than Partner: Germany’s Baerbock
India May Restart FTA Talks With Moscow as Trade Soars
China’s CATL Eyes Condensed Matter Battery for Planes, EVs
The US is Now India’s Largest Trading Partner – BT
Gazprombank, India Banks Step Up Ties to Lift Rupee-Ruble Trade
China Leading the Way With Rechargeable Sodium Batteries – NYT

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.