Europe ‘Risks Dependence’ on Chinese Batteries, EU Report Finds
Europe is in danger of becoming as reliant on China for batteries and fuel cells as it was on Russia for energy before Moscow’s invasion of Ukraine, according to a European Union report obtained by the Reuters news agency. The paper will form the basis of a summit October 5 in Granada, Spain, on Europe’s economic and energy security. The paper, prepared by the Spanish presidency of the European Union, said that because of the intermittent nature of renewable energy sources like solar or wind, Europe will need ways to store energy to reach its goal of net-zero carbon dioxide …