In brief | 4 December '24
Argus:
Earlier phase-out target is being reassessed owing to likelihood of further delays to power plant security act, which is meant to secure back-up capacity.
Reuters:
Gas-fired electricity production jumped by a record 79 percent in November as utilities scrambled to offset a second straight month of sharply below-normal output from wind farms.
Financial Times:
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfalls.
European Investment Bank:
Partnership will see a 200 million euro top-up (loan guarantee) to the InvestEU programme from the EU Innovation Fund.
Reuters:
Car companies across Europe struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles.
European Environment Agency:
Improving resilience and health of lakes, rivers and groundwaters is an urgent priority.
Bloomberg:
Postponement by a year needs final sign-off before end of 2024. EU has faced stiff opposition over far-reaching green law.
Financial Times:
Latest extensions to plants鈥� working lives could see some sites keep running into next decade.
听
