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The global shortage of gas turbines is worsening, but it is primarily the exploding prices that are increasingly hindering the construction of new gas-fired power plants. This development is triggered by the rapidly growing electricity demand of AI data centers, while consumption in industry, transportation, and buildings is also rising. The market is concentrated in […]

In Germany, fuel prices have risen sharply since the start of the Iran-Iraq War on February 28, 2026, while the federal government is simultaneously recording substantial additional revenue through value-added tax (VAT). According to calculations by NIUS, this extra revenue had already totaled more than €390 million by April 8. Since mid-March, it has sometimes

The widespread power outage on the Iberian Peninsula on April 28, 2025, struck Spain and Portugal almost simultaneously, crippling key parts of the power grid within seconds. The final report cites a dangerous combination of severe voltage fluctuations, high solar power generation, and a lack of stabilizing power plant capacity as the cause. New audio

At Olympus in Hamburg, a total of 234 full-time positions have been eliminated from the workforce plan since April 1, 2026. All of the medical technology company’s locations in the city are affected. The reduction is part of a global cost-cutting program, announced by Olympus in November 2025, which encompasses approximately 2,000 positions. The trigger

In Germany, thieves repeatedly stole large quantities of diesel fuel over the past two weeks, particularly between March 25 and April 5, 2026. The main targets were Baden-Württemberg, Rhineland-Palatinate, and Bavaria. Trucks parked at highway rest areas and individual company premises were primarily affected. The perpetrators took advantage of the nighttime hours, siphoning fuel from

In Leipzig, the gas trader VNG warned of a growing risk to Germany’s gas supply this coming winter, even though the war in Iran, according to the company, will not trigger an acute supply crisis in the short term. At the beginning of April, German gas storage facilities were at a historic low of only

South Korea has restarted the Gori-2 nuclear reactor in Busan after nearly three years of shutdown. The 640-megawatt reactor at the Gori Nuclear Power Plant is one of the country’s oldest facilities, having first gone into operation in 1983. It was shut down in April 2023 after its 40-year operating license expired, prompting operator Korea

According to a study by JP Morgan, Europe could enter a critical phase regarding oil supplies starting April 10th, because the Strait of Hormuz is effectively blocked, preventing any new crude oil shipments from the Persian Gulf. The US investment bank estimates that the last shipments sent before the start of the war in the

The new purchase incentive for electric cars in Germany is launching with a clear contradiction between political promise and practical implementation. The online application portal for the subsidy will not be activated on May 1, 2026, as planned, but later in May. At the same time, the incentive will apply retroactively from January 1, 2026.

At General Motors’ Factory Zero on the border between Detroit and Hamtramck, electric vehicle production has been halted since March 16, 2026, and the shutdown is now scheduled to last until at least April 13. The reason is weaker demand for electric vehicles in the US, which has come under further pressure following the elimination

In Germany, the financial crisis of local authorities will worsen in the spring of 2026. This became particularly evident at the end of March in the Siegen-Wittgenstein district, where the district council rejected the 2026 budget, prompting District Administrator Andreas Müller to warn: “We are bankrupt; starting Monday, we will no longer be able to

Daimler Truck is building a new truck plant near Cheb, close to Karlovy Vary, in the Czech Republic, relocating part of its production from Wörth am Rhein, Germany. The project was announced at the end of March 2026. The factory will be built on 65 hectares in the Cheb Strategic Business Park and will produce

At the end of March 2026, the EU called on its member states to prepare for potential prolonged disruptions to energy markets. This was triggered by tensions in the Middle East, which primarily threaten the supply of diesel and kerosene. In Brussels, the focus is therefore on cost-cutting measures in the transport sector, while supplies

In Darmstadt, a previous industry promise was reversed at the end of March. BorgWarner Akasol launched a severance program after the company specified the elimination of 120 production jobs, while negotiations continued regarding further cuts at the development center. The triggers were declining orders from its two most important customers, lower call-offs at the end

In Hamburg, the failure of a key transportation promise made by the SPD and the Greens became painfully apparent in the spring of 2026. The Hamburg Pulse, announced in 2019, was supposed to ensure that every resident of the city could reach public transportation within five minutes by 2030. This very promise, despite being touted