Germany will plead with the EU to allow plug-in hybrids and highly efficient conventional cars to be sold in the bloc even after the effective ban on gasoline and diesel passenger cars in 2035, Chancellor Friedrich Merz said on Friday as the government looks to prop up its massive but …
Read More »Germany Slashes Capacity to Tender for New Gas Plants
Germany’s ruling coalition has slashed in half the capacity of new natural gas-fired power plants it aims to tender by 2032 in a significant scale-down from the previously planned 20 GW of new gas capacity. The governing coalition led by conservative Chancellor Friedrich Merz has reached a compromise on the …
Read More »Kazakhstan to Raise Crude Oil Supply to Germany in 2026
Kazakhstan will boost its crude oil exports to Germany next year after Kazakh national oil and gas company KazMunayGas extended a supply deal with Rosneft Deutschland, which has been under German trusteeship since 2022. Kazakhstan is supplying crude to the Schwedt refinery, the fourth-largest refinery in Germany, which used to …
Read More »Germany’s Nuclear U-Turn Divides Leadership
Germany is increasingly indicating openness to nuclear energy, marking a complete pivot from their historic stance on the controversial energy source. Germany’s shift in attitude toward nuclear energy comes as part of a larger global movement back toward nuclear power as a viable part of a secure and low-carbon energy …
Read More »German Refinery’s Plight Prompts Calls for Return of Russian Oil
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine. But with the plant in the town of Schwedt on the border with Poland struggling to adapt …
Read More »U.S.-German Startup Plans to Build Fusion Plant in Germany
Focused Energy, a U.S.-German start-up pursuing laser-driven fusion power, has signed a non-binding agreement with the largest German electric utility RWE and the state of Hessen to build a fusion research and development facility in Germany, Focused Energy’s CEO Scott Mercer told Reuters on Monday. Focused Energy plans to have …
Read More »German Energy Minister: Europe shouldn’t Revive Nord Stream Gas Pipelines
Ideas to resurrect the Nord Stream gas pipelines from Russia to Germany are the “wrong direction of discussion”, Germany’s outgoing economy and energy minister Robert Habeck said on Monday. “The Ukrainians are still under the aggression of Russia. So I think talking about the potential of Nord Stream 2 or …
Read More »Germany’s New Government Is Set to Reshape Its Energy Policy
Germany is undergoing a major political shift that will have sweeping implications for the nation’s energy sector. As Europe’s biggest economy, Germany’s energy policy does not just bear impact on a national level, but will reverberate throughout the European Union and then the world. In last month’s election, German politics …
Read More »Can Germany Revive Its Industry without Cheap Energy?
The new German government that will be formed following this weekend’s elections will face an uphill battle to lift Europe’s largest economy out of two consecutive years of recession. Bringing energy costs down will be key to Germany’s economic recovery after three years of spiking and highly volatile power and …
Read More »Germany’s Power Prices Dip as Natural Gas Falls amid Ukraine Talks
Germany’s year-ahead power futures prices fell this week to the lowest level since the beginning of the year amid falling European natural gas prices as talks on a peace deal in Ukraine began. In recent months, Germany has become more dependent on fossil fuel-powered generation amid low wind speeds that …
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