In brief | 24 April '25
Reuters:
The German government cut its economic growth forecast and now sees stagnation in 2025 instead of a 0.3% expansion as uncertainty from global trade disputes is set to hobble growth and dampen investment.
Nikkey:
China's Xiaomi is planning a research and development centre in Munich, Germany, that will focus on electric vehicles.
Arup:
As the respective hydrogen markets develop, there is a significant opportunity to establish pipeline-based hydrogen trade between these two countries. 聽
Euractiv:
Governments should: 鈥減rovide incentives鈥� for retraining oil workers, provide 鈥渇inancial incentives鈥� for renewables, and boost 鈥渋nvestment鈥� in power grids, according to the three most popular responses.
FT:
The UK government and Italian energy company Eni will announce on Thursday the final go-ahead for a 38-mile pipeline to gather carbon dioxide from industrial plants around Liverpool and Manchester and bury it offshore.
Bloomberg:
While that鈥檚 not the plan agreed with nuclear plant operators, and it would be up to them to present concrete proposals, extensions are not ruled out, Environmental Transition Minister Sara Aagesen said in an interview.
Montel:
The French power system is facing a saturated grid as power demand fails to keep up with ambitious electrification targets, said outgoing EDF CEO Luc Remont.
Euronews:
Tesla鈥檚 dominance in Europe鈥檚 electric vehicle market is waning. The US carmaker saw sales drop 43 per cent year-on-year in early 2025. In Germany - its most critical European market - sales fell 70 per cent in February alone.
Climate Home News:
While European politicians seek to strengthen the link between clean energy and security, Trump officials are expected to push for more gas at a key summit in London.
Bloomberg:
Heads of state and government leaders including Chinese President Xi Jinping and European Commission President Ursula von der Leyen took part in a two-hour virtual meeting aimed at returning focus to climate action in an increasingly challenging global context.
