In brief | 14 January '25
Reuters: German premium carmakers' sales battered in China and Germany amid slowdown
Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers held back on purchases amid an uncertain economy and on slower than expected electric vehicle sales.
Reuters: Berlin considers full Uniper exit, targets deal after summer, sources say
Germany's government, which owns 99.12 percent of the company after nationalising it in 2022 during Europe's energy crisis, is pursuing a partial stake sale of around 25 percent as a preferred option, but is also weighing exiting its holding in one go, people with knowledge of the matter said.
Reuters: Europe's wind farms on track to eclipse coal output in 2025
Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if the recent pace of output growth in wind production and output cuts in coal generation extends through the year.
Aurora Energy Research: European renewables capacity to see a 3-fold increase by 2050, yet fall short of climate goals
This growth will still fall short of meeting climate goals, with risk factors such as negative prices, market saturation, and grid congestion hindering progress, Aurora warns.
ICCT: Road transport CO2 emissions in the European Union could peak in 2025
Recent regulations, including the CO2 standards for cars and vans, and its homologue legislation for trucks and buses, have put Europe on track for an early emissions peak.
Eurostat: EU greenhouse gas emissions reduced by 7% in 2023
In 2023, the EU’s greenhouse gas emissions by economic activities and households totalled 3.4 billion tonnes of CO2 equivalents.
Rho Motion: Over 17 million EVs sold in 2024, record year
Overall, global EV sales grew by 25 percent in 2024 compared to 2023.