... lower prices. The subsidy plan aims to support local automakers and stimulate demand for domestically produced vehicles. Analysis: European automakers are facing a growing challenge from Chinese companies such as BYD and Nio, which offer more affordable electric vehicle models. Subsidies may help bridge the price gap and support local players like Volkswagen and Stellantis. This could also create new incentives for consumers to transition to electric transport. However, such policies might incur additional costs for EU budgets and potential disputes regarding ...

... significance. For Europe, the increase in RES share has also become a strategic trend, especially following the recent energy crisis. In 2023, when some EU countries temporarily increased coal generation due to gas shortages, CO 2 emissions skyrocketed, and electricity prices surged. However, by 2025, the situation has stabilized: gas storages are full, and new wind and solar generation capacities have been introduced, causing the share of coal in the EU's energy balance to decline once again. Despite new temperature ...

... market is receiving support from accelerated injections into storage. Meanwhile, authorities and producers are taking steps to balance the markets: OPEC+ is increasing production, and Russia has temporarily restricted gasoline exports to control domestic prices. Below is a detailed overview of key events and trends in the oil, gas, electricity, and other segments of the energy market as of July 29, 2025. Oil Market: Price Increases and Influencing Factors Oil started the week with a confident rise. The North Sea Brent crude oil prices approached the mark of $70 per barrel – the ...

... generation in significance. For Europe , the growth of the share of RES has also become a strategic trend, especially following the energy crisis. In 2023, when some EU countries temporarily increased coal generation due to gas shortages, CO 2 emissions and electricity prices surged. However, by 2025, the situation has stabilized: gas storage is full, new wind and solar generation capacities have been introduced, and the share of coal in the EU's energy balance is once again decreasing. Despite new temperature records ...

... Tereshkin recalled that trade restrictions were first introduced by Joe Biden's administration. Specifically, since last fall, the tariff on Chinese electric vehicle imports to the U.S. has been set at 100%, meaning that consumers will have to pay twice the price when purchasing an electric car. Furthermore, China is rich in mineral resources critical for the "new" energy sector, the expert noted. According to the International Energy Agency (IEA), China accounted for over 60% of global lithium production and more than ...