Germany

• [New] A 410-megawatt electrolysis plant is planned, which - in combination with the import terminal - would be capable of supplying around 295,000 metric tons or 10% of the demand expected for the whole of Germany in 2030.
• [New] The electrolyser in combination with the import terminal would be capable of supplying around 295,000 metric tons of H2, or 10% of the demand expected for all of Germany in 2030.
• [New] As a first step, since it is expected that Germany will rely on CO 2 storage in neighboring countries, government leaders could voice support for including multiple CO 2 transport modalities and geologic storage in the Trans-European Energy Network revision negotiations at the EU level.
• [New] We can be fairly sure Germany is not going to move in an EU-sceptic direction and is going to reinforce its commitment to the green agenda despite court challenges to ECB policy and EU budget plans.
• [New] Like Trump, Joe Biden opposes Nord Stream 2, an undersea gas pipeline that could double Russian natural gas sales to Germany.
• [New] German startup Grover plans to bring its monthly subscription plans to allow people to rent smartphones, laptops, and other gadgets to the United States after raising $53 million from investors.
• [New] A West European strategy, led by Germany, to avert a strengthening of political and military linkages between Russia and China might well move to a European understanding with Russia.
• [New] The defection of the UK from the European Union will weaken the influence of the Atlantic alliance in Europe and strengthen European moves to normalise relations with Russia.
• [New] In part to hedge against growing Chinese power, Russia probably will seek to shore up its own influence with regional powers, such as India, Japan, South Korea, and Turkey, and try to renew ties with Europe, especially France and Germany.
• [New] Could cost the US, the UK, Germany, France, Japan, and Italy together about $2.3 trillion in GDP in 2021.
• [New] Germany will draw up legislation to ensure that restrictions are imposed uniformly in regions with high coronavirus infection rates.
• [New] Vaccination will have the biggest impact on the comfort level of people in Mexico, Germany and Brazil.
• [New] The total market for all digital assets, including crypto-securities, in Germany is expected to increase to almost EUR 400 billion between 2021 and 2024, which means it will be more than tripled.
• [New] China is wagering that because many of the United States' most valued allies and partners-Japan, South Korea, Germany, and the European Union as a whole - have China as their number one trading partner, they will be reluctant to join any common cause against Beijing.
• [New] Germany alone has been planning to build 6,400 km of supergrid, as part of EU100 billion European investment, but cost and impact on the landscape will be big issues, and are likely to slow construction down.
• [New] France will continue its diplomatic efforts, in close liaison with Germany within the Normandy Format, to achieve the full implementation of the Minsk agreements.
• [New] The EU as a whole has only a 32% RE target in total energy by 2030, Germany has only a 65% target in the electric power sector.
• [New] Pontikis expects online food ordering will not drop significnatly in major markets such as UK, Germany and the Netherlands.
• [New] In the run up to COP26, many richer economies - such as the UK, China, Germany and South Korea, are rushing to announce their carbon neutrality targets by 2050 or 2060.
• [New] The pandemic, which has so far claimed more than 77,000 lives in Germany, has devastated Europe's largest economy, even though it has proven more resilient than many expected, partly because of continuing strong export demand from China.
• [New] Increasing demand for electronic appliances such as laptops and cellular phones particularly in U.K., Germany, and France is expected to drive demand from consumables and electronics applications.
• [New] Last year, a projection from Blomberg Economics saw Indonesia overtaking Germany as the fifth largest economy in 2045, just below China, the United States, and India.

Last updated: 20 April 2021