In brief | 6 January '25
HydrogenInsight: German chancellor calls on EU to shelve 'excessively strict' green hydrogen definition
Scholz argues that planned projects cannot compete based on what the European Commission will accept is a ‘renewable fuel of non-biological origin.’
Bloomberg: Germany Inc. seen defying downturn with earnings growth in 2025
Elections, US tariffs and an auto sector in crisis pose risks.
Montel: Germany’s power emissions fell 11% in 2024 – Montel Analytics
Germany reduced CO2 emissions from its power sector by 11 percent in 2024, data from Montel Analytics showed.
Euronews: German solar panel industry struggles with declining demand
Solar panel demand has been hit by dampened consumer and investor sentiment, as the ongoing cost of living crisis and high interest rates have hampered installations.
S&P Global: German regulator chief urges continued gas savings as 'risks remain'
Germany managed first half of winter 'well', says Müller. Gas storage sites still well filled, stocks currently built to 80.6 percent capacity.
European Commission: Commission approves €4.06 billion German State aid measure to support the operation of four Floating LNG Terminals
The measure contributes to the achievement of the objectives of the REPowerEU Plan, by enabling the diversification of energy supplies and ensuring security of gas supply.
Electrive: New investor consortium to fund Lilium with €200 million
After it seemed that all hope had been lost for German flying taxi startup Lilium, it announced on Christmas Eve that it had found an investor. Now, the first concrete details have emerged.
Electrive: German air taxi start-up Volocopter goes bankrupt
Volocopter has filed for insolvency and is looking for investors. There have been rumours that Geely could become a possible buyer.
The Times: Wind is biggest source of UK electricity for first time
Gas-fired power plants replaced as main provider last year.
Eurelectric: EU electricity in 2024
Emissions hit historic low, average prices declined, but demand did not pick up.
Financial Times: How climate change is redrawing Europe's wine map
Extreme wearther is pushing viticulture into colder northern territory.
Potsdam Institute for Climate Impact Research: Growing divide - Agricultural climate policies affect food prices differently in wealthy and poor countries
While value-added components buffer consumer price changes in wealthier countries, low-income countries – where farming costs dominate – face greater challenges in managing food price increases due to climate policies.
Financial Times: Canada aims to become world's biggest uranium producer as demand soars
Demand for emissions-free power and energy security mark a turnaround.
