As Candela’s P-12 gracefully flew over the waterways in Stockholm this morning, the event marked the first-ever commercial operation of a hydrofoil electric ferry.
It’s been a long time coming for the P-12, with years of development resulting in the first images of the boat released over two years ago and testing getting started only last year.
Now the first Candela P-12 in commercial operation, named “Nova”, set out this morning from Tappström, quickly reaching its destination at Stockholm City Hall. The 15 km (9 mile) journey took just 30 minutes, or around half the time it normally takes by car or public transit.
But it’s not only quicker by boat, it’s also a lot more comfortable, at least if commuters are on Candela’s boats. The P-12 electric ferry glides above the water using a set of computer-controlled hydrofoils, making the ride smoother and allowing the boat to keep up speed even in no-wake zones. That means it even arrives faster than conventional boats since it doesn’t need to slow down in no-wake areas.
The other key benefit to those hydrofoils, besides making for a super smooth ride and removing the influence of nausea in commuters who are prone to sea-sickness (like this journalist who has successfully kept his breakfast down on multiple Candela boats so far), is that the P-12 is also extremely efficient.
According to the company, those hydrofoils result in energy savings of around 80% compared to conventional boats, allowing the Candela P-12 to use a much smaller battery and significantly reducing the cost to produce and purchase. DC Fast Charging is possible from a conventional car charger located at the docks and can be done in minutes over a lunch break, meaning it won’t impact the normal timetables for the ferry.
“Conventional ships haven’t evolved much in 100 years and are among the least energy-efficient transport modes, only rivaled by a battle tank,” says Gustav Hasselskog, Founder and CEO of Candela.
That’s not an exaggeration. Stockholm’s approximately 70 public transport vessels use more fossil fuels than the city’s buses and trains combined, despite representing only a small share of total ridership. Water transport is traditionally costly and slow, as the vessels create large wakes, limiting their speed in many areas. But with Candela’s P-12 electric hydrofoil ferry, trips are now not only quicker and more comfortable, but also more efficient and with significantly lower costs. And that’s before adding in the benefits of reduced pollution and harmful emissions.
“For the first time, there is a vessel that makes waterborne transport faster, greener, and more affordable than land transport. It’s a renaissance for the world’s waterways, and it’s exciting that Stockholm is leading the way,” said Gustav Hasselskog.
Nova runs entirely on renewable energy and is the fastest electric ferry in operation in the world, cruising at 25 knots, outpacing diesel-powered V-class ferries that previously held the speed record.
This may be just the first example of commercial operations for the Candela P-12 platform, but it’s likely to soon be followed by many others after orders have been placed from Saudi Arabia, New Zealand, and Germany, among additional clients that Candela says are yet to be publicly announced.
Until then, take a look at my own test ride on the first ever production Candela C-8, a consumer electric hydrofoil speedboat that uses much of the same technology employed in the Candela P-12 electric ferry.
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Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050.
To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals.
Three big problems holding Europe’s wind power back
Europe’s wind power growth is stalling for three key reasons:
Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward.
Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues.
Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy.
Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle all three problems. More wind means cheaper power, which means increased competitiveness.”
Permitting: Germany sets the standard
Permitting remains a massive roadblock, despite new EU rules aimed at streamlining the process. In fact, the situation worsened in 2024 in many countries. The bright spot? Germany. By embracing the EU’s permitting rules — with measures like binding deadlines and treating wind energy as a public interest priority — Germany approved a record 15 GW of new onshore wind in 2024. That’s seven times more than five years ago.
If other governments follow Germany’s lead, Europe could unlock the full potential of wind energy and bolster energy security.
Grid connections: a growing crisis
Access to the electricity grid is now the biggest obstacle to deploying wind energy. And it’s not just about long queues — Europe’s grid infrastructure isn’t expanding fast enough to keep up with demand. A glaring example is Germany’s 900-megawatt (MW) Borkum Riffgrund 3 offshore wind farm. The turbines are ready to go, but the grid connection won’t be in place until 2026.
This issue isn’t isolated. Governments need to accelerate grid expansion if they’re serious about meeting renewable energy targets.
Electrification: falling behind
Wind energy’s growth is also tied to how quickly Europe electrifies its economy. Right now, electricity accounts for just 23% of the EU’s total energy consumption. That needs to jump to 61% by 2050 to align with climate goals. However, electrification efforts in key sectors like transportation, heating, and industry are moving too slowly.
European Commission president Ursula von der Leyen has tasked Energy Commissioner Dan Jørgensen with crafting an Electrification Action Plan. That can’t come soon enough.
More wind farms awarded, but challenges persist
On a positive note, governments across Europe awarded a record 37 GW of new wind capacity (29 GW in the EU) in 2024. But without faster permitting, better grid connections, and increased electrification, these awards won’t translate into the clean energy-producing wind farms Europe desperately needs.
Investments and corporate interest
Investments in wind energy totaled €31 billion in 2024, financing 19 GW of new capacity. While onshore wind investments remained strong at €24 billion, offshore wind funding saw a dip. Final investment decisions for offshore projects remain challenging due to slow permitting and grid delays.
Corporate consumers continue to show strong interest in wind energy. Half of all electricity contracted under Power Purchase Agreements (PPAs) in 2024 was wind. Dedicated wind PPAs were 4 GW out of a total of 12 GW of renewable PPAs.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):
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The Chinese EV leader is launching a new flagship electric sedan. BYD’s new Han L EV leaked in China on Friday, revealing a potential Tesla Model S Plaid challenger.
What we know about the BYD Han L EV so far
We knew it was coming soon after BYD teased the Han L on social media a few days ago. Now, we are learning more about what to expect.
BYD’s new electric sedan appeared in China’s latest Ministry of Industry and Information Tech (MIIT) filing, a catalog of new vehicles that will soon be sold.
The filing revealed four versions, including two EV and two PHEV models. The Han L EV will be available in single- and dual-motor configurations. With a peak power of 580 kW (777 hp), the single-motor model packs more power than expected.
BYD’s dual-motor Han L gains an additional 230 kW (308 hp) front-mounted motor. As CnEVPost pointed out, the vehicle’s back has a “2.7S” badge, which suggests a 0 to 100 km/h (0 to 62 mph) sprint time of just 2.7 seconds.
BYD Han L EV (Source: China MIIT)
To put that into perspective, the Tesla Model S Plaid can accelerate from 0 to 100 km in 2.1 seconds. In China, the Model S Plaid starts at RBM 814,900, or over $110,000. Speaking of Tesla, the EV leader just unveiled its highly anticipated Model Y “Juniper” refresh in China on Thursday. It starts at RMB 263,500 ($36,000).
BYD already sells the Han EV in China, starting at around RMB 200,000. However, the single front motor, with a peak power of 180 kW, is much less potent than the “L” model. The Han EV can accelerate from 0 to 100 km/h in 7.9 seconds.
BYD Han L EV (Source: China MIIT)
At 5,050 mm long, 1,960 mm wide, and 1,505 mm tall with a wheelbase of 2,970 mm, BYD’s new Han L is roughly the size of the Model Y (4,970 mm long, 1,964 mm wide, 1,445 mm tall, wheelbase of 2,960 mm).
Other than that it will use a lithium iron phosphate (LFP) pack from BYD’s FinDreams unit, no other battery specs were revealed. Check back soon for the full rundown.