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UPDATE 1-German economy minister sees chance to avoid energy price spikes

The decline in energy prices on global markets was not expected, Economy Minister Robert Habeck said on Wednesday, adding that he saw a chance Germany won't see last year's price spikes if it comes out of winter with well-filled gas storage. "No one can really swear or predict whether it will be a lasting change for the better. ....

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New green barrier built for self-interests: China Daily editorial

The visits French Economy Minister Bruno Le Maire and his German counterpart Robert Habeck paid to the United States earlier this week were another appeal to the US administration to skip the articles in the Inflation Reduction Act that harm the interests of Europe's green industry. ....

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Germany's Habeck: Could reach deal with U.S. over IRA in critical minerals

German Economy Minister Robert Habeck on Monday said there was a chance that de facto free-trade status could be reached between Europe and the United States in the area of critical minerals under the U.S. Inflation Reduction Act (IRA). ....

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Germany exploring trilateral gas solidarity deal with Italy, Switzerland

However, Berlin was facing difficulties in getting European partners to sign these sharing gas agreements, the economy ministry said in September. Welt newspaper cited disagreements over compensation Berlin would have to pay to its companies for expropriating their gas to offer to neighbours as the reason for stalling talks. ....

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Habeck: Return of coal-fired power plants from reserve was necessary

German Economics Minister Robert Habeck has defended the decision to temporarily bring coal-fired power plants back from reserve to the market. This was necessary to reduce gas consumption in the. | January 16, 2023 ....

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