In brief | 21 March '25
Reuters: German energy transition could be 300 billion euros cheaper with more efficiency, finds report
BCG & BDI industry association say investments currently planned in renewables, power grids and hydrogen far exceed foreseeable demand.
Bloomberg: Germany, France push to lower EU gas storage goal from next year
Nations complain that the goal’s rigidity can contribute to market speculation.
Energy Intelligence: Germany’s FSRU projects face uncertain future
The future of two of Germany’s floating LNG import terminals has been called into question after contract terminations.
Tesla’s dramatic fall in Europe gives Mercedes-Benz an opening to woo disgruntled EV buyers looking for another option.
Recharge News: RWE boss urges Germany cut offshore wind targets on wind wakes and 'duck beaks' concerns
'Just over 50GW' would make more sense to avoid wake effects and achieve lower energy prices, Markus Krebber argues.
PVTech: Flexibility ‘holds key’ to supporting Europe’s energy transition – report
Consultancy LCP Delta says renewables lead to “high and sustained” market volatility, necessitating rapid growth in flexibility through demand shifting.
Stephen Stapczynski (Bloomberg): US LNG exports surge to new record
No country has ever exported this much LNG before. On top of that, production is set to double by the end of the decade.
World Meteorological Organization: Today marks the first-ever World Glaciers Day
Glaciers are sensitive indicators of climate change and are retreating globally due to rising temperatures.
