Germany

• [New] In Scenarios One and Two, the narrowing of the income gap would continue until 2040, when the average income in Poland would reach 70-75 percent of the average income in Germany in Scenario Two and 80-85 percent in Scenario One.
• [New] Connected Energy currently has systems operating in the UK, the Netherlands, Belgium and Germany and is pursuing opportunities in other European countries as well as Japan, the United States and elsewhere.
• [New] The British government has decided to bring forward its ban on the sale of new ICE vehicles to 2030, a move which could be followed by other Europeans like Germany, France and Italy.
• [New] The cost of dealing with the fallout of the coronavirus pandemic and subsequent lockdowns in Germany is expected to reach €1.3 trillion ($1.6 trillion).
• [New] We are certain that the demand for power in Germany can be completely covered with renewable energies by 2050.
• [New] Germany plans to have clean energy sources by 2038 with the strategy of replacing nuclear energy, coal and oil, which have the biggest contribution for energy production today.
• [New] The new EEG creates the framework with which we can achieve the goal of 65% renewable energies by 2030 and greenhouse gas neutrality in the electricity supply in Germany before the year 2050.
• In light of the EU's tightened 2030 climate target and in order to safely achieve climate neutrality in 2050, the Federal Republic of Germany cannot avoid raising its national 2030 climate target as well.
• Given growing capacity in China, Germany, and Texas - which will build the Cybertruck-Spak sees 800,000 deliveries in 2021 for Tesla.
• India will become 5th largest economy in 2025, 3rd largest by 2030 in the world, overtaking UK in 2025, Germany in 2027 and Japan in 2030.
• Germany aims to cut its greenhouse gas emissions by 55% from 1990 levels by 2030, and derive 65% of its electricity from renewables by then.
• KfW of German and the World Food Programme have committed to premium financing of $2 million each, to support Zimbabwe, while Zimbabwe will contribute US$500000 towards premium financing.
• 6 of the 9 largest nuclear energy producers (United States, France, Japan, Germany, Canada, UK), although Germany announced in 2011 that it will close all of its nuclear power plants by 2022.
• The biggest falls in GDP in 2020 in the major economies are predicted to be in Italy, Brazil, Germany and Spain.
• In September, Aldi, which is privately owned by Germany's Aldi Sud, said it will open around 100 supermarkets and invest 1.3 billion pounds in Britain over the next two years.
• Along with France and Germany, Sweden is emerging as one of the most important manufacturing bases, and is projected to rank fourth behind China, Japan and the United States by 2025.
• By 2025, VW will have established around 4,000 charging points at their sites while their German dealers have committed to providing at least one AC charger with 11 kW of power and one DC charger with 22 kW of power.
• New York state recently allocated $454m to deploy heat pumps through 2025.
• 2020 will be a record year for renewable energy in Germany, as a lagging wind industry begins to pick up pace and solar growth and demand reductions both continue.
• By 2030, regulatory timetables show around 29 GW of nuclear closures in seven European countries (Belgium, Britain, France, Germany, Italy, the Netherlands and Spain).
• The recent auction will see almost 4,800 MW of coal power station capacity decommissioned in Germany, with a total of EU $317 million (A$ 510 million) in compensation provided.
• While the EQC and EQV have already been launched globally with the EQC also introduced in India, the German car manufacturer now plans to enter six new models into production in the coming year.

Last updated: 19 January 2021