Norway has announced plans to reopen three old gas fields in the North Sea to boost Europe’s energy supply, reinforcing its position as the EU’s largest gas supplier. The government has also proposed 70 new offshore locations for oil and gas exploration, a move criticized by environmental activists who argue it prioritizes fossil fuel extraction over climate commitments despite geopolitical tensions like the wars in Ukraine and Iran .
Norwegian-backed companies, Northern Europe Energy Group and Vindr Baltics, are planning a €1 billion green hydrogen plant and data center in Pärnu County, Estonia, both powered by wind energy. The project aims to leverage Norway’s expertise in renewable energy infrastructure within the European market .
European automakers, including Volkswagen, Stellantis, Mercedes-Benz, and BMW Group, are deepening collaborations with Chinese companies to advance new energy vehicle (NEV) technologies. China’s leadership in NEV innovation is driving partnerships that support Europe’s green transition in the automotive sector .
Europe’s battery ecosystem is undergoing a revival after the collapse of Northvolt, once considered the continent’s best hope for competing with Chinese battery manufacturers. New initiatives are emerging to rebuild a homegrown supply chain, though challenges remain in matching China’s dominance in battery production . Meanwhile, China’s Huayou Cobalt has agreed to a $210 million takeover of Africa-focused Atlantic Lithium, securing critical lithium assets to strengthen its supply chain for electric vehicle batteries .