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ELECTRICITY MARKET DEVELOPMENT


ELECTRICITY MARKET DEVELOPMENT


As previously reported in recent editions we have been following developments in the electricity market relevant to the renewable energy industry


We continue with the planned series of articles as we progress with a vision of producing a magazine specifically for this market. In the meantime we have put together more recent comments emanating from various sources which we have received recently and may be of interest.


We would also like to hear from our readership as we progress so please do not hesitate to give us your feedback. Opposite are some of the main categories which we will cover in more detail in future editions – we are sure there will be more so please advise in due course…


CATEGORIES » Vehicles/transport » Energy storage » Infrastructure » Charging/power point locations (homes/supermarkets/ offices/business parks/filling stations)


» Countries/regions involved » Hybrid technology » Battery technology » Research & development progress


BMW HITS TARGET SELLING 100,000 ELECTRIC CARS IN 2017


The BMW Group has sold 100,000 electrified vehicles in 2017, hitting its annual target and signifying an important shift in consumer mindsets towards their individual carbon footprints.


This is more than 60 percent rise in electric cars BMW sold in 2016.


Harald Kruger, Chairman of the Board of Management at BMW commented: “Selling 100,000 electrified cars in one year is an important milestone, but this is just the beginning for us. Since the introduction of the BMW i3 2013, we’ve delivered over 200,000 electrified cars to our customers and by 2025, we will


offer 25 electrified models to our customers. Our early focus on electro-mobility has made this success possible – and electro- mobility will continue to be my measure for our future success.”


CELEBRATION To celebrate this milestone and commitment to electric driving, the company’s headquarters, the famous ‘four-cylinder building’ in Munich, was recently illuminated to look like four upright-standing batteries. During the illumination, the 100,000th electrified vehicle was handed over to the customer by Harald Krüger at the BMW Welt.


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