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Power of Siberia 2: Gigantic Pipeline Set to Deliver Russian Gas to China
For years, Russia has been pushing for the construction of a new pipeline to China in order to supply its
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Financial Crisis in Friedrichshafen Escalates: Zeppelin Foundation Faces €53 Million Shortfall
Friedrichshafen is once again compelled to revise the financial planning of the Zeppelin Foundation. This municipal foundation utilizes its earnings
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Offshore Wind Projects Face Uncertain Future – BP and TotalEnergies Reportedly Plan to Withdraw
Several major offshore wind projects in the North and Baltic Seas face an uncertain future in Germany, as BP and
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Hochwald Foods Considers Closing Two Dairy Plants
In mid-May 2026, Hochwald Foods—based in Thalfang in the Hunsrück region—is driving forward a major restructuring initiative, during which it
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Gas Field Near Vienna Aims to Reduce Austria’s Dependence on Energy Imports
Austria has brought a new gas field into operation in Wittau, near Vienna. The operator, OMV, is developing the largest
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High Fertilizer Prices: EU Commission Plans Additional Aid for Farmers
In light of high fertilizer prices resulting from the war in Iran, the EU Commission intends to provide additional aid
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Shell’s Biofuel Project in Rotterdam Ends as Multi-Billion-Dollar Write-Down
In Rotterdam, Shell faces the task—as of mid-May 2026—of winding down a halted large-scale biofuel project. Assets from the facility,
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Despite record expansion of renewables, Germany is generating less electricity than before
Between 2000 and 2024, Germany generated less electricity—despite a record expansion of wind power, solar energy, and other facilities. While
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Tax Burden Rises – Singles Retain Only 65 Cents for Every Euro Earned
In Germany, new figures from the Federal Ministry of Finance reveal a growing burden on earned income. Consequently, on Friday
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Federal Government Warns of Further Economic Setback
The Federal Government in Berlin is issuing a new warning signal regarding the German economy. According to the Ministry of
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Germany Once Again a Net Electricity Exporter—Why This “Success Story” Is No Such Thing
In the first quarter of 2026—from January to March—Germany once again exported more electricity than it imported for the first
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Germany’s Economy in Crisis: Trumpf CEO Warns of Loss of Industrial Base
Following an in-house trade fair hosted by the mechanical engineering firm Trumpf, CEO Nicola Leibinger-Kammüller has warned of a severe
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Electricity Set to Become Even More Expensive – New Levy for Gas Power Plants Planned
On Wednesday, May 13, 2026, the Federal Government approved the construction of new gas-fired power plants and additional generation capacity
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The Charging Station Cost Trap: High Electricity Prices Threaten the Economic Viability of Electric Cars
For many electric vehicle owners, public charging is turning into a financial trap. Prices are rising sharply—particularly at fast-charging stations,
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VDA Warns: Shift to Electric Vehicles Threatens Around 225,000 Jobs in the Automotive Industry by 2035
The German Association of the Automotive Industry (VDA) anticipates a significantly sharper reduction in automotive jobs in Germany by 2035