In brief | 10 February '25
Reuters: Baltic states switch to European power grid, ending Russia ties
The Baltic states of Estonia, Latvia and Lithuania completed a switch from Russia's electricity grid to the EU's system, severing Soviet-era ties amid heightened security after the suspected sabotage of several subsea cables and pipelines.
FT: Germany’s weak economy has strong foundations – opinion
Tej Parikh about the long-term optimistic case for the German economy.
Electrive: German government funds research into sodium-ion batteries
A new project aims to evaluate the suitability of sodium-ion battery technology for the European energy and mobility transition and to achieve rapid industrial implementation.
Bloomberg: Moldova seeks deal to keep the lights on after Russia cut gas supply
A last-minute agreement to resolve a dispute that cut Russian gas supplies to the Moldovan breakaway region of Transnistria could be finalised this weekend.
Bloomberg: Spain’s rural areas are backing wine over wind farms
The nation’s ambitious 2030 clean energy goals mean more renewable installations in rural regions, and it is further inflaming tensions between cities and agrarian villages.
BloombergNEF: Global cost of renewables to continue falling in 2025 as China extends manufacturing lead
The cost of clean power technologies, such as wind, solar and battery technologies, is expected to fall further by 2-11 percent in 2025, breaking last year’s record.
Carbon Brief: 95% of countries miss UN deadline to submit 2035 climate pledges
Around 95 percent of countries have missed a UN deadline to submit new climate pledges for 2035, Carbon Brief analysis shows.
Reuters: Trump to announce 25% steel and aluminium tariffs in latest trade escalation
U.S. president Donald Trump said he will introduce new 25 percent tariffs on all steel and aluminium imports into the U.S. on top of existing metals duties, in another major escalation of his trade policy overhaul.
FT: Porsche overhauls line-up to bring back combustion engines
Sports car maker takes hit to margins after disappointing reaction to electric models.
Electrive: Airbus pauses its air taxi project
German air taxi startups Lilium and Volocopter both had to file for insolvency and are now trying to reorganise themselves. Now the major aviation group Airbus is also putting its air taxi project on hold.
