“Germany will not be able to circumvent the provision of further funding.” This decisive pronouncement from Chancellor Dr. Angela Merkel reflects the dilemma in which the German federal government currently finds itself: for budgetary reasons and due to frequently repeated refusals, direct funding in the form of a buyer’s premium has been ruled out – and yet without funding, it is unlikely that the self-defined goal of one million electric vehicles will be
Since 1st July 2015, Dr. Rainer Seele has been the new Board Chairman and Managing Director of the incorporated company OMV. As reported by the supervisory board of OMV AG, Seele was given a three-year contract with the option of extension for another two years. Seele, who is married and the father of three grown-up children, is following in the footsteps of Gerhard Roiss, who – as reported by the Austrian gas and oil company – left the company on 30th June 2015 on the basis of mutual agreement.
To gain further influence in the different interests in the energy sector, two associations in the gas industry have entered into a strategic cooperation: the Deutsche Verein des Gas- und Wasserfaches (German Gas and Water Association / DVGW) and the Arbeitsgemeinschaft für sparsamen und umweltfreundlichen Energieverbrauch (Working Group for Energy Conservation and Environmentally Friendly Energy Use / ASUE). On 29th May 2015, the Chairman of the Board of the DVGW, Prof. Dr. Gerald Linke, and President of the ASUE, Dr. Ludwig Möhring, signed an appropriate agreement in Berlin. Its primary goals are
Tesla (TSLA, US$245.00) has many friends in the offices of major banks and leading broking firms on the stock exchange. This is not only expressed in the market price, and especially the strong price increases in recent weeks (over 20%), but in many favorable comments and classifications. At the same time, there has been heavy speculation on falling prices when one looks at the number of short-sold shares (short interest) which is hovering around 24 million shares – with approx. 95 million shares which can be traded freely (approx. 124 million shares are outstanding).
Recently, the announcement of a new, high performance battery with the name PowerWall has recently caused a stir and resulted in strongly
On 12th June 2015, the 20th meeting of the members of the German Association for Hydrogen and Fuel Cells [Deutscher Wasserstoff- und Brennstoffzellen-Verband e.V.] (DWV) took place in Hamburg. This year there were no elections to the executive board. Instead, Werner Diwald, who has been acting Chairman since 2014, explained the modernization steps within the association that are currently ongoing. Diwald, who is also the full-time Managing Director of ENCON.Europe, explained
It’s a moment many have been long been waiting for: at the Hanover trade show, the companies of the Fuel Cells Initiative [Initiative Brennstoffzelle IBZ] presented many of the fuel cell heating devices which are currently available on the market. After the home energy providers showed off their products and services at the ISH in Frankfurt am Main in mid March 2015 with their own stands – an event which claims to be the biggest exhibition for energy-efficient heating and air conditioning technology in the world, in Hanover they shared a single shared booth. The Logapower BZH192iT from Buderus was on show there for the first time. SOLIDpower also made its debut at the IBZ. And Ceramic Fuel Cells (CFC) was
Hanover is still the leading sector meeting place for the H2 and FC community. As in previous years, from 13th until 17th April 2015, almost 150 exhibitors presented themselves on the Group Exhibit Hydrogen + Fuel Cells + Batteries in hall 27. Apart from that, however, relatively little was on offer for interested visitors that was worthwhile. The topic of electrical mobility wasn’t as present as it was in previous years. This time
eZelleron has won its case against Kraftwerk musician Ralf Hütter. On 16th April 2015, Dr. Sascha Kühn, Managing Director of the Dresden-based fuel cell manufacturer had to appear at Hamburg district court because the leader of the German electro-pop-band Kraftwerk had claimed ownership of the name rights for the “Kraftwerk” and had submitted injunctions in the USA and Germany. Despite Kühn’s previous attempts to come to an amicable agreement the matter was resolved in the court room in