4 May 2022
Nio opens Europe’s first battery replacement station in Norway
The Chinese electric car company Nio has entered the European market and opened its first battery replacement station in Norway. The idea of the system is to give car owners alternatives to home charging, as not everyone lives where it is possible to have their own charger, as well as fast long-distance chargers which are not always as fast as the name implies. To be able to use the battery replacement stations, the customer must have chosen to subscribe to the battery. This makes the car purchase cheaper (NOK 519,000 instead of NOK 679,000), but in return, it costs NOK 1,999 per month for the 100 kWh battery. Today’s subscription includes 200 kWh and it costs NOK 2 per kWh.
550 TWh offshore wind farms planned in Sweden
According to new figures, there are applications for a total of 125 GW of installed offshore wind farms in Sweden, corresponding to an annual electricity production of approximately 550 TWh. This level is almost triple the amount of Sweden’s current electricity use of 135-140 TWh. The applications apply to projects in a total of 42 areas and are geographically based along the entire coast of Sweden. Foreign energy companies such as Danish Ørsted and Germany’s RWE as well as Swedish listed companies such as OX2, Eolus and Vattenfall are among the many companies that have announced plans for offshore wind power in Sweden. However, despite the great interest, no new large-scale offshore wind power is currently being built in Sweden.
“There is a huge and serious interest in offshore wind power in Sweden, but there are major obstacles where long and uncertain permit processes are the bottleneck. So far, the Swedish Armed Forces have, among others, said no to many offshore wind projects”, said Lina Kinning, responsible for offshore wind power at the industry association.
P2X Solutions and City of Harjavalta sign purchase agreement
P2X Solutions has purchased four hectares from the city of Harjavalta for Finland’s first industrial-scale green hydrogen and synthetic methane plant. The transaction was completed on 3 May. Construction of P2X Solutions’ 20 MW plant will begin in the fall of 2022 and is expected to be completed in the summer of 2024.
Esbjerg Mayor elected as President of the World Energy Cities Partnership
The Mayor of Esbjerg Municipality, Jesper Frost Rasmussen, has been appointed President of the WECP association, consisting of 19 cities from around the world. Esbjerg Municipality was admitted to the association in 2013 after a nomination from Stavanger. At the time, Esbjerg’s candidacy was unanimously approved at the annual general meeting in Dongying, China. In addition to attending meetings with the WECP, Jesper Frost Rasmussen will also visit the Danish Consulate General in Houston and the company RelyOn Nutecs, which is present in both Houston and Esbjerg.
Pensionskassen P+ divests from energy companies
In what is described as a clean-up of its portfolio, the academics' pension fund has divested from 53 oil companies and 19 utility companies, and among other things, parted ways with investments in BP and Equinor.
About Nordic Green News
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.
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