Higher energy prices pushed Germany’s annual inflation to a 13-year high in August, as household energy, motor fuels, and food prices jumped, preliminary data showed on Monday. Germany’s harmonized index Continue Reading
One of Germany’s biggest challenges in the fight against climate change is to keep the lights on. As Europe’s biggest economy shuts its last nuclear reactor next year and utility Continue Reading
The heavy rains and floods that killed at least 220 people in Belgium and Germany this summer were made more likely and more intense by climate change. These are the Continue Reading
German Chancellor Angela Merkel offered reassurances on Sunday that Ukraine would not suffer from the construction of Russia’s Nord Stream 2 pipeline, but Ukraine said talks about its future as Continue Reading
A semiconductor supply crunch is forcing world-leading car manufacturers Volkswagen and Toyota to slash vehicle production. Toyota, the world’s largest carmaker, announced it will cut production by 40 percent in Continue Reading
Highlights Lignite tops July mix TTF front-month hits 2008-high above Eur40/mt Year-ahead clean spark spread negative first time since 2019 German gas-fired power generation fell in July as record high Continue Reading
German primary energy consumption gained 4.3% year-on-year in the first six months of 2021 after the start of economic recovery from the pandemic and cooler weather drove demand, industry statistics Continue Reading
Ever since the forced adoption of EVs by governments worldwide, all eyes have been on when the electric vehicles would finally make economic sense to produce. According to Volkswagen, that Continue Reading
Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless Continue Reading
One by one, the world’s auto manufacturers have made bold commitments to electric vehicles, setting targets for turning over their entire fleets and disclosing large capital expenditure plans for the Continue Reading
