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Subsidies for solar plants under fire – RWE and E.ON call for a change of course

“People should be welcome to install solar panels on their roofs, but please without subsidies.” With this statement, Federal Minister for Economic Affairs Katherina Reiche initiated the debate about a change of course in the energy transition. She suggested ending subsidies for private photovoltaic systems. She received support from RWE CEO Markus Krebber, who considers […]

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Battle on the North Sea – how wind farms steal each other’s wind

Germany’s energy transition is in the midst of a battle for scarce resources. More and more wind farms are being built in the North Sea, blocking each other. The proximity of the turbines leads to power losses, disputes, and uncertainty for billions of dollars in investments. Lukas Vollmer of the Fraunhofer Institute in Bremen describes

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Dresden – Mayor plans to cut 875 full-time positions in the city administration

Dresden’s financial situation is spiraling out of control. Internal documents show that Mayor Dirk Hilbert (FDP) and Economic Mayor Jan Pratzka (CDU) plan to eliminate 875 full-time positions in the administration. This would correspond to approximately twelve percent of the current 7,375 positions. However, the city council had only approved a five percent cut. This

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Conflict over wind farms divides communities in Saxony-Anhalt

A conflict over new wind turbines is escalating between Gräfenhainichen and the Mulde Reservoir. Saxony-Anhalt is planning a massive expansion of wind power to achieve its climate goals. However, many residents strongly oppose the 250-meter-high towers, fearing a loss of property value and sleepless nights due to the noise. Mayors are therefore looking for sites

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Mitsubishi withdraws from offshore wind power projects

Mitsubishi is withdrawing from three major offshore wind power projects in Japan. The withdrawal hits the national strategy hard, as Japan’s energy transition is focused on a significant expansion of renewable energies. The reason for this is sharply increased turbine prices, which have placed a massive burden on the calculations and called into question the

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Safety risk – first operators abandon Chinese wind turbines in the North Sea

The debate surrounding Chinese wind turbines is now reaching the North Sea. Offshore wind power no longer represents just the energy transition and climate goals, but also geopolitical tensions. Luxcara, a Hamburg-based investor, has distanced itself from Chinese proposals following public pressure. The “Waterekke” and “Waterkant” projects will exclusively use turbines from Siemens Gamesa. The

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Climate study from Potsdam – how questionable forecasts misled politics and business

A controversial climate study by the Potsdam Institute for Climate Impact Research (PIK) is one of the biggest scientific scandals of recent years. Media outlets like “Tagesschau” and “Spiegel” made it headlines in 2024. “Scientifically completely invalid,” economist Richard Rosen declared. However, politicians and the financial world made far-reaching decisions based on the PIK study.

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Toyota Strategy – Electric cars only in countries where there is real demand

Toyota is pursuing a flexible approach in Europe that is strictly focused on demand. The company’s new strategy combines hybrid drive with traditional technology and complements this with targeted electromobility. “We are not pushing electric cars in markets where there is no demand,” explained Andrea Carlucci, brand manager for Europe. Thus, the Toyota strategy deliberately

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China in the coal boom – record expansion of fossil energies despite green promises

China is at the center of the global climate debate. Officially, the government emphasizes its record-breaking expansion of renewable energies. At the same time, a massive coal boom is driving the electricity sector to record levels. In the first half of 2025, the country connected coal-fired power plants with a total capacity of 21 gigawatts

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Up to 38 percent more – Hamburg energy companies drastically increase charging prices

Hamburg’s energy utility has massively increased its charging prices. Customers are now paying up to 38 percent more. At AC charging stations, a kilowatt hour costs 59 cents, and at DC charging stations, 69 cents. Previously, the price was 49.9 cents. This affects both private users and businesses. At the same time, the municipal company

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The German economy collapses more sharply than expected

The German economy is far more deeply in crisis than official figures suggest. New revisions to gross domestic product reveal that previous estimates were exaggerated. These statistics conceal considerable uncertainty, which should alarm not only experts but also citizens and businesses, as numerous political decisions are based on the official figures. German economy and questionable

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German gas storage facilities at critical levels – supply remains uncertain in winter

German gas storage facilities are insufficiently filled. Compared to previous years and our European neighbors, the levels are at a worryingly low level ahead of the coming winter. Although the Ministry of Economic Affairs describes gas supplies for the winter as stable, experts warn of serious risks. In particular, the low level of just 20

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Trump administration blocks Orsted wind farm off Rhode Island

A nearly completed offshore wind farm off Rhode Island is idle. The Trump administration is prohibiting the Danish company Orsted from completing its “Revolution Wind” project. Officially, Washington is citing national security concerns. This exacerbates Orsted’s financial problems, as the facility was considered key to future revenue. Billion-dollar project under pressure from the Trump administration

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Norway’s sovereign wealth fund reaches for Germany’s largest power grid

Norway’s sovereign wealth fund, together with the Dutch pension fund APG, plans to invest in Tennet. This shifts the focus to Germany’s largest electricity grid operator, which plays a key role in the energy transition. A billion-euro bid is expected to be on the table by mid-September, bringing new investors into play. (wallstreet-online: 22.08.25) The

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