In brief | 23 April '25
Reuters:
Germany's energy grid regulator BNetzA said the payments are no longer necessary because green power has now reached such high volumes that it no longer requires balancing at local low voltage levels.
FT:
Push to increase defence production is offering a glimmer of hope for workers facing manufacturing job losses.
Reuters:
Rain over the Easter weekend in Germany has raised Rhine river water levels, with vessels able to carry more cargo, though the river is still too shallow for normal sailings, commodity traders said.
Reuters:
Swiss solar panel maker Meyer Burger will cut hours for some 300 employees at its plant in Germany starting on May 1 due to temporary material bottlenecks.
Bloomberg:
The roadmap document will attempt to outline ways in which the EU can reduce its reliance on Russian fossil fuels and nuclear materials.
AP:
Global car companies as BMW, Volkswagen and General Motors are attempting to retain their market share in China as tariffs and rising Chinese competition threaten sales.
Transport & Environment:
The tax incentives in Germany to steer companies towards electric cars are amongst the weakest in Europe and three times lower than in France.
Global Wind Energy Council:
With 117 GW installed in 2024, wind power is advancing into new geographies and consolidating its position as a core pillar of the global energy transition.