Browsing Tag
Energy
198 posts
Trump Issues New Threat to Iran as Hormuz Blockade Targets Energy Infrastructure
Donald Trump has reiterated his threat against Iran, saying that if the United States does not resolve its talks…
Trump Lets Russian Oil Tanker Dock in Cuba to Ease Energy Crisis
U.S. President Donald Trump hinted on Sunday that the United States would allow a Russian oil tanker to…
German Energy Imports Could Cost an Extra €20 Billion as Iran War Drives Oil and Gas Prices Up
The increase of oil and gas prices caused by the Iran war is expected to add a double‑digit‑billions‑euro…
Farmers’ Association Demands Diesel Tax Suspension Amid Energy Price Surge
Before the upcoming consultations of the CDU-SPD taskforce on high energy prices, the farmers’ association is demanding that…
Oil Crisis Allianz Advisor Urges Germany to Slash Speed to Save Energy amid Iranian War Fallout
U.S. economist Mohamed El‑Erian, a consultant for the insurance group Allianz, warns that the war in Iran will have…
German Energy Provider Urges Stronger Protection of Critical Infrastructure in Germany
Andreas Feicht, chief executive of Cologne-based utility Rheinenergie, warned that Germany urgently needs better protection for critical infrastructure.…
German Finance Minister Reiche Calls EU 2050 Climate Target Into Question at Houston Energy Summit
On Monday, German Economy Minister Katherina Reiche (CDU) raised questions about the EU’s 2050 climate target while speaking…
Caritas Demands Mandatory Climate‑Smart Heating in Rental Homes As Energy Prices Soar
Caritas is demanding a legal requirement that climate‑friendly heating systems be installed in rental properties, citing the “drastically”…
IHK Warns German Economy Heavily Hit by Rising Energy Prices Amid Middle East Conflict
Helena Melnikov, the chief executive of the German Federation of Industry and Commerce (DIHK), warned that the war…
Top Economist Peter Bofinger Calls for New Fuel Subsidy Amid Skyrocketing Energy Prices
Former economist Peter Bofinger argues that the state should intervene in the energy market as prices rise sharply. He…
German Government Urges Patience As Energy Prices Soar After Middle East Conflict
The federal government is urging patience amid the sharp rise in energy prices following the war in the…
DAX Falls Ahead of Weekend While Energy Prices Stay Steady
at Xetra’s market close the index sat at 22,380 points, a 2..0 % drop from the previous day. Over…
Producer Prices Down 3.3 % YoY in Feb 2026 as Energy Costs Decline Reported by Destatis
In February 2026, producer prices for commercial goods were 3.3 percent lower than in February 2025, and prices fell 0.5 percent compared…
DAX Climbs as Investors Await Energy Market Cooling
At 12:30 p.m. on Wednesday, the DAX was quoted at about 23 845 points, a rise of 0.5 % from yesterday’s close.Top gainers…
DAX Climbs on Tuesday with Insurance and Energy Stocks Leading Gains
On Tuesday the DAX finished the trading day at 23,731 points, up 0.7 % from the day before. Andreas…
Germany Opposes Market Interventions to Cut Energy Prices
The German federal government is wary of market interventions to lower energy prices ahead of the upcoming European…
Left Party Calls for Surplus Profit Tax on Oil Giants to Fund 9‑Euro Ticket and Energy Crisis Cash
The Left party (Die Linke) has filed an application with the Bundestag calling on the federal government to draft…
Thuringia Premier Voigt Calls for Temporary CO2 Tax Freeze Amid Energy Crisis Sparked by Iran War
Thuringia’s Minister‑President Mario Voigt has suggested temporarily suspending the CO₂ tax amid the energy‑price crisis triggered by the…
Oil Prices Alarm German Builders as Energy Costs Could Reverse Construction Recovery
The rise in energy prices could once again drive up construction costs in Germany. Matthias Frederichs, chief executive of…
Germany Sticks to Nuclear Exit Despite EU Atomic Energy Plans
The German federal government maintains its firm stance on phasing out nuclear power, even in the wake of…
Von der Leyen Targets Lower Energy Bills for EU Citizens
Ursula von der Leyen, president of the European Commission, announced new efforts to ease the burden on households and firms…
German Farmers Union Demands Suspension of Carbon Pricing Amid Rising Energy Costs From Iran Conflict
Because energy costs are rising as a result of the war in Iran, Joachim Rukwied, president of the German…
G7 Set to Release Strategic Oil Reserves Amid Energy Market Turmoil
Facing increasing volatility in energy markets, Monika Schnitzer, chair of the Economic Experts Council, has called for the release…
CDU Economic Council Urges Electricity Tax Cut Amid Iran War Energy Price Surge
In light of rising energy prices caused by the Iran conflict, the CDU’s Economic Council reminds the government…
Germany Faces Growth Pitfall as Reform Package Teeters Amid Energy Shock
The recent surge in oil and energy prices is undermining the Berlin coalition’s plans for a large reform…
German Public Majority Demands State Relief as Energy Prices Skyrocket Amid Middle East Tensions
Amid rising energy costs caused by tensions in the Middle East, a clear majority of Germans support state‑led…
DAX Falls Amid Energy Price Hopes for Relief
The DAX slipped into the week, closing on Xetra at 23,409 points – a decline of 0.8 % from…
German Farmers Leader Demands Diesel CO2 Tax Exemption Amid Rising Energy Costs
President Joachim Rukwied of the German Farmers’ Association (Deutscher Bauernverband) urged the government to suspend the CO₂ levy on…
German Coal Industry Promises Reserve Power Plants to Slash Energy Costs During Iran Conflict
The German hard‑coal sector claims it can help lower energy prices amid the current Iran conflict.Axel Bethe, Chairman…
17 German Firms Join Greens to Oppose State Energy Net Package
The Greens, together with 17 German companies, have urged the federal government not to implement plans such as…
U.S. Removes Sanctions on Rosneft Germany, Expanding Energy Cooperation
The U.S. Treasury announced on Thursday that it will lift sanctions on the German subsidiary of the Russian…
Ricarda Lang Blasts Katherina Reiche Over Iran Energy Stance
Green Party politician Ricarda Lang sharply criticised Economy Minister Katherina Reiche (CDU) for her handling of the energy supply amid…
Greens Urge European Energy Security Taskforce Amid Iran War Impacters
In light of the war in Iran and its repercussions around the Persian Gulf, Green Party leader Franziska…
Schleswig-Holsteins Premier Urges Rapid Renewable Expansion Amid Energy Crisis and Iran War
Schleswig‑Holstein’s Minister‑President Daniel Günther (CDU) has called for a rapid expansion of renewable energy in light of the war…
Saxony‑Anhalt Premier Urges Fuel and Energy Relief Amid Middle East Crisis
Sachsen‑Anhalt’s Prime Minister Sven Schulze (CDU) has called for consultations on relief measures for households and businesses as gasoline…
Wagenknecht Calls for 7% Energy VAT and CO2 Tax Cut to Ease Fuel Costs
Faced with rapidly rising prices for petrol and gas, BSW founder Sahra Wagenknecht has urged the German federal…
US Fund Managers Dump Europe Amid Iran War and Energy Shock
Ulrike Rondorf, head of investment strategy at Lampe Asset Management, attributes the sharp sell‑off in European equity markets…
Green Party Unveils New Economic Blueprint Boasting 5-Cent Energy Prices To Close Deal With Business
One year after the tough defeat in the federal election, the Greens aim to heal the rift between…
Reiche Expands German Gas Production to Secure Energy Future
Economy Minister Katherina Reiche announced that Germany will broaden its support for domestic gas production. “We have our own…
Germany Sets New Hurdles for Solar Energy Expansion
The German Federal Ministry of Economics has unveiled a draft amendment to the Renewable Energy Act that introduces…
Nabu Slams Planned Building Energy Act Reform as Threat to Climate Protection
The Nature Conservation Federation (Nabu) has criticized the draft points presented by the black‑red coalition government for a…
German Coalition Agrees to Reform Building Energy Law Revoking 65% Renewable Heating Target and Old Boiler Ban
Union and SPD have agreed on a reform of the Building Energy Act. The new rule introduced by…
Schneider Urges Rapid Reform of Heating Law to Boost Energy Efficiency and Cut Emissions
Environmental Minister Carsten Schneider (SPD) called for rapid progress in revising the Building Energy Act-often called the “Heating…
Heating Bills 43% Above Pre‑Crisis, Energy Costs Up 21% After Four Years of Ukraine Conflict
Four years after the Russian invasion of Ukraine, households still spend roughly 21 % more on energy than they…
Reiche Defends Renewable Energy Cuts Amid Rising Energy Prices
Katherina Reiche, the federal minister of economics, has defended her proposals to curb subsidies and the expansion of renewable…
Rosatom Ends Siemens Energy Deal Excludes German Power Giant from Paks II Construction
Siemens Energy, the German energy group, is no longer acting as a technology supplier for the construction of Hungary’s…
Ukraine Partners Announce Fresh Energy Assistance at Berlin-Format Summit Near Munich Security Conference
At a gathering of Ukraine partners held in the so‑called Berlin format on the sidelines of the Munich…
Germany Drives Forward Energy Transition
Germany’s transition to renewable energy is making measurable headway according to the latest Energy Transition Monitor published by…
Municipal Companies Urge German Government to Act Swiftly on Energy Policy
The Association of Municipal Enterprises (VKU) has called on the federal government to take decisive and rapid action…
German Economy Minister Aims to Hurdle Renewable Energy Rollout
The Federal Ministry of Economic Affairs is preparing regulatory amendments that could make the expansion of renewable energy…
Germany’s Economy Ministry Plans to Cut Renewable Energy Priority in Power Grid
The Federal Ministry of Economic Affairs is planning to rethink key elements of Germany’s renewable energy expansion. According…
Green MP Urges Faster Building Energy Law Reform Amid Opposition Demand for Planning Certainty
Kassem Taher Saleh, the green spokesman for the Bundestag floor, is pressing the federal government to present the bullet points…
Ukraine Energy Grid in Crisis After Russian Nighttime Air Strikes Expert Warns
Ukrainian energy expert Oleksandr Kharchenko described the state of the country’s energy infrastructure after the latest Russian air…
German Handcraft Union Criticizes Proposed Building Energy Law Overhaul
Jörg Dittrich, president of the Zentralverband Deutsches Handwerk (ZDH), warned that the reforms to the Building Energy Act could…
Hardt Warns Russia Is Using Ukraine Talks To Buy Time While Attacking Kyiv Energy Infrastructure
Foreign ministers of the governing coalition warned that the next round of peace talks in Abu Dhabi among…
BDEW Calls for Strategic Gas Reserve to Secure Germany’s Energy Future
In the debate over future gas supply security, the German Association of Energy Utilities (BDEW) supports the creation…
CDU Fights Over Energy Drink Age Limits Sparks Debate in Union
In the Union, a debate is unfolding over a proposed sales limit for caffeinated sodas. While the CDU/CSU…
Nord Sea Nations Commit to Build World’s Largest Clean Energy Hub After Hamburg Summit
The heads of state and government of several North Sea‑bordering countries reached a consensus at the third North…
German Economy Ministry Targets Rapid Building Energy Law Reform
The Ministry of Economics says it is aiming to reform the Building Energy Act (GEG) “quickly” and remains…
German Auto Industry Demands Better Charging and Lower Energy for EVs After New Incentive
Banaszak criticised that the subsidy is neither specifically linked to European manufacturers nor explained why plug‑in hybrids should…
Minister Bär Pledges First Fusion Reactor and Boosts Women’s Research for Energy Future
In addition to energy policy, Bär announced that the next scientific year will prioritize women’s health. She noted…
Siemens Energy Rejects Wind Business Spin-Off
Siemens Energy Rejects Calls for Wind Division Spin-Off, Urges Swift Action on Gas Power Plants Munich-based energy technology…
Stocks Dip Siemens Energy Spotlight
The German stock market benchmark, the DAX, experienced a slight pullback at the end of the week, closing…
AI Boost Urged for German Industry Energy
The Christian Democratic Union’s (CDU) Economic Council is issuing a forceful call for accelerated adoption of artificial intelligence…
Energy Prices To Fall By 2026
Germany’s leading energy firm, Eon, has issued a complex forecast regarding future energy prices, revealing a short-term reprieve…
Trump EU Energy Pact Sparks Questions
A recent commitment from Brussels to US President Donald Trump, outlining a potential three-year import agreement worth $750…
Stocks Surge Energy Firms Face Questions
Market Volatility Reflects Automotive Concerns Amidst Anticipation of Key US Data German equities demonstrated a fragile recovery Tuesday,…
Rich Face Pressure on Energy Costs
The Social Democratic Party (SPD) is publicly pressing the Christian Democratic Union (CDU) and its representative, Economics Minister…
Renewable Energy Priority Faces EU Doubt
A growing faction within the German Union (CDU/CSU) is pushing for a significant shift in European energy policy,…
Energy Drop Fuels Import Price Decline
Germany’s import prices registered a decline of 1.4% in October compared to the same period last year, according…
Germany Debates Return to Russian Energy
The debate within Germany’s conservative Christian Democratic Union (CDU) has escalated sharply following remarks by Saxony’s Minister-President Michael…
Merz and Mauritanian President Discuss Economy Energy
Berlin and Nouakchott have engaged in a high-level dialogue, with German Chancellor Friedrich Merz and Mauritanian President Mohamed…
Dax Slides Siemens Energy Spotlight
European markets experienced a significant downturn Friday, with the benchmark DAX index closing notably lower despite a week…
Industry Fuels Energy Use Surge
The German industrial sector’s energy consumption rebounded in 2024, signaling a complex interplay of economic recovery and persistent…
Energy Policy Moves Forthcoming
The German coalition government, comprised of the Christian Democratic Union (CDU) and the Social Democratic Party (SPD), is…
Energy Switch Surge Continues
The German energy market is experiencing sustained upheaval, with early indicators suggesting 2025 could surpass 2024’s record levels…
Schwesig Urges Merz Energy Policy Focus
Mecklenburg-Vorpommern’s Minister President Manuela Schwesig has publicly challenged Chancellor Friedrich Merz to re-evaluate the federal government’s energy policy…
Consumer Energy Bills Fall Thanks to Subsidies
A recent assessment by the German Federal Network Agency (BNetzA) reveals a significant dampening effect on electricity costs…
Dax Rises Siemens Energy Gains
Thursday saw a modest uptick for the German DAX index, closing at 24,208 points – a 0.2% increase…
Merz Pushes Energy Plan in Brandenburg Talks
Chancellor Friedrich Merz’s recent visit to Brandenburg has underscored a deepening political tension surrounding Germany’s energy security and…
Household Energy Bills Ease
Household energy costs in Germany experienced fluctuating trends during the first half of 2025, according to data released…
Germany Urges Hydrogen Pipeline for European Energy Independence
The head of Germany’s state-owned KfW development bank, Stefan Wintels, has advocated for enhanced European energy autonomy and…
Lower Energy Bills Boost Households 2026
German businesses and households are likely to see a decrease in electricity prices next year, stemming from anticipated…
Schneider Questions Reiche’s Energy Plan
A divergence in energy policy approaches is emerging between two high-ranking German government officials. Carsten Schneider, Federal Minister…
Germany Signals Better Returns For Energy Grid Operators
German energy grid operators are poised to receive higher returns on their investments, according to a statement from…
Energy Slumps Signal Recession
Government officials are attributing current lower-than-anticipated electricity demand in Germany to policies enacted by the previous coalition government.…
Germany Pivots Energy Shift to Save Industry
The German government is prioritizing measures to safeguard the nation’s industrial base, with a focus on ensuring a…
Solar Cuts Threaten Energy Transition
Consumer advocates are voicing concerns regarding a proposed policy change by the German Federal Ministry for Economic Affairs…
Grimm Praises Reiche’s Energy Transition Plans
The influential German economic advisor, Veronika Grimm, has expressed support for the energy transition plans recently outlined by…
Germany Fast-Tracks Energy Transition Plan
The Federal Ministry for Economic Affairs and Climate Action has unveiled a new package of measures designed to…
Energy Bills Outpace Basic Income Payments
A recent calculation by comparison portal Verivox indicates that the citizen’s allowance (Bürgergeld) may not adequately cover average…
Youth Union Calls for Energy and Welfare Shift
A leading figure within the Christian Democratic Union’s youth organization, Johannes Winkel, is calling for a significant shift…
Renewable Energy Input Drops in Germany
Germany’s electricity generation in the first half of 2025 totaled 221 billion kilowatt-hours, a slight increase of 0.3%…
Consumer Groups Slam Energy Relief as Insufficient
Germany’s leading consumer protection organisation has voiced concerns that recently agreed-upon government measures to alleviate rising energy costs…
Germany Unveils New Plan To Lower Energy Bills
The German federal government has approved further measures aimed at reducing energy prices, with the cabinet moving forward…
Energy Chief Praises Renewables Boost Despite Cost Concerns
Germany’s leading energy association, the BDEW, is advocating for a more balanced discussion surrounding the country’s high electricity…
German Industry Warns Energy Grid Costs Could Soar
Germany’s leading business association has warned of potentially escalating costs associated with the country’s energy transition, known as…
Renewable Energy Boost Needed Experts Warn
Experts are increasingly advocating for an accelerated approach to Germany’s energy transition, responding to a recent monitoring initiative…
Consumers Demand Relief From Energy Tax
Germany’s leading consumer protection group, the Verbraucherzentrale Bundesverbands (VZBV), is urging the government to lower electricity tax for…
Germans Divided Over Renewable Energy Goals
Germany aims to generate 80 percent of its electricity from renewable energy sources by 2030, a target met…