'Two giants turn into four gnomes' / A forgotten revolution
'Frohe Weihnachten' from the 麻豆无码版 newsroom
Our best wishes for a joyous holiday season. We will publish our next News Digest on 28 December and take another short break from 31 December - 3 January. We hope you have a restful and enjoyable time.
Best wishes,
Sven, S枚ren and Kerstine
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Handelsblatt
鈥淭wo giants turn into four gnomes鈥�
The pending split of E.ON and RWE means that in one year鈥檚 time there will no longer be only two major energy players listed on Germany鈥檚 stockmarket, but four, writes J眉rgen Flauger in Handelsblatt. 鈥淭he classic business model of integrated utilities, dealing with everything from power production in large plants and renewables to sales, is history,鈥� writes Flauger. He argues the companies鈥� split might come too late: 鈥淎ll four companies face a Herculean task.鈥� The new fossil-based companies will have to save what is left of their business, while the new green companies face mighty competition, including from Google, Apple, and Tesla, who are creating smart electricity technologies and battery storage devices.
Find the article in German (behind paywall) .
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Bloomberg
鈥淏rand new RWE plant is latest victim of Merkel鈥檚 energy shift鈥�
The Energiewende is turning newly built power plants into white elephants that will never produce electricity, report Tino Andresen and Weixin Zha for Bloomberg. 鈥淐oal and gas plants are being marginalised in a new world where solar and wind are all the rage,鈥� write the authors, with reference to RWE鈥檚 recent decision to pull the plug on a one-billion-euro coal plant and E.ON鈥檚 application to close two new but unprofitable gas-fired units. 鈥淐hancellor Angela Merkel鈥檚 relentless push to increase the nation鈥檚 share of renewables鈥� made RWE and E.ON the biggest losers on Germany鈥檚 DAX share index this year, write Andresen and Zha. Conventional power plants may be threatened with extinction once the cost of storing power becomes commercially viable, fund manager Thomas Deser from Union Investment told the authors.
Read the article in English .
Find a 麻豆无码版 dossier on the utilities鈥� fight for survival here.
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Deutsche Welle
鈥淭he forgotten energy revolution鈥�
Germany鈥檚 energy transition made remarkable progress this year, but the public was caught up in the refugee crisis and barely noticed, writes Richard Fuchs for Deutsche Welle. 鈥淚t鈥檚 a generational project that is not talked about in its fifth year of implementation,鈥� writes Fuchs. He says a lot remains to be done. Despite the record share of renewable power, Germany risks missing its climate targets. 听听
Read the article in German .
Read a 麻豆无码版 article about this year鈥檚 rise in CO2 emissions here.
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Die Welt
鈥淲e need a jump-start for e-cars鈥�
Countries like Norway and the Netherlands show that the right policy framework can stimulate demand for electric vehicles, argues Matthias Wissmann, president of carmakers鈥� association VDA, in an interview in Die Welt. 鈥淲e need a jump-start now, which is limited to a few years,鈥� said Wissmann. He says new policies must address both the purchasing of e-cars, and the infrastructure for charging them. 鈥淚ndustry is doing everything it can to make the breakthrough of electric mobility possible," Wissmann says.
Read the interview in German .
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Bulletin of the Atomic Scientists
鈥淎 surprising success at Paris鈥�
William Sweet describes in an article for the Bulletin of the Atomic Scientists what was different in Paris compared to Copenhagen and other climate summits and how the new climate agreement was decided. Germany鈥檚 diplomats and scientists did everything to advance the goal of a binding, fair and effective treaty, Sweet writes. 鈥淭rue to form, Angela Merkel made only a brief appearance on the first day and never sought the limelight, and yet her fingerprints were everywhere.鈥�
Read the article in English .
