In brief | 6 November '24
Euronews:
The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing the European car industry.
Reuters:
The comments reflect growing scepticism among German companies about whether long-standing government plans to rely more heavily on hydrogen to cut emissions are realistic and affordable.
Stephen Stapzynski (Bloomberg):
Germany鈥檚 SEFE agreed to buy 1 million tons/year from Adnoc for 15 years from 2028. Germany has acknowledged that gas will play a key role in its energy mix, and has fast-tracked new LNG import plants.
Javier Blas (Bloomberg):
German wind power output has plunged to less than 0.2 GW, compared to an installed capacity of ~70 GW. Coal, natural gas and imports plugging the (huge) gap.
Financial Times:
Lack of clarity about US president-elect鈥檚 plans means confusion over the outlook for new projects and turbine orders.
