In brief | 24 January '25

Reuters: German power grids need higher earnings to fund energy transition, TSO says

Grid operator Amprion argues regulator should raise the cap on returns on infrastructure spending.

Germany Trade&Invest: Germany Earns High Marks for Net-Zero

Europe’s largest economy leads way in new EU report on net-zero manufacturing in member states, GTAI says.

FT: EU plans subsidy for electric vehicle sales to counter China

Teresa Ribera says European Commission weighing up measure demanded by Germany.

Table.Media: France calls for simplification of EU's sustainability reporting scheme

CSRD directive must be "greatly simplified" for smaller companies, supply chain directive suspended, minister says.

Politico: The EU rules that risk derailing a gas deal with Trump

Brussels is poised to fine fossil fuel firms for excessive methane emissions.

Reuters: Michael Bloomberg steps in to help fund UN climate body after Trump withdrawal

Former New York Mayor's philanthropy says it will also help encourage state, local effort to meet U.S. climate goals.

Carbon Brief: Q&A: How China became the world’s leading market for energy storage

To balance growing energy needs and mass renewable energy production, industry has attracted investments worth tens of billions of dollars.