In brief | 12 July '24

S&P Global: Germany's gas storage operators warn demand curtailments still required ahead of winter

Storage sites 84% full by mid-July but extreme cold could prompt gas shortages and empty reserves by February 2025, operators say.

Bloomberg: Audi’s slow-selling Tesla Fighter spells doom for VW factory

Volkswagen looks poised to close a European carmaking plant for the first time.

Reuters: BASF reviews battery chemical investment push amid EV dip

The German chemicals giant said it would review a major investment push to build a global manufacturing network for battery materials amid a downturn in the electric-vehicles segment.

Ember: Brazil is the leader in renewable electricity among the G20

In 2023, 89% of Brazil’s electricity came from renewables, the highest among the G20 and three times higher than the global average of 30%.

IRENA: Renewables are growing rapidly but achieving the COP28 3x renewables target remains a challenge

A 16.4% annual growth rate in renewable capacity till 2030 is essential to stay on track, according to IRENA's Renewable Energy Statistics 2024.

Bruegel: European clean tech tracker

This tracker provides an overview of the main innovation, manufacturing and deployment trends in clean tech in Europe.