In brief | 26 August ‘26

Reuters: IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns

IMF chief says AI investment boom in 'tug of war' with Gulf energy price shock.

Politico: Europe’s clean industry debate pits France against Germany

The Industrial Accelerator Act aims to promote industry while limiting carbon pollution. The EU’s biggest countries don’t agree on how to do that.

France24: The summer climate change became scorching reality for Europe

In 2026, the brutal reality of climate change forced its way into daily life.

Bloomberg: Germany faces surging gas costs with billions at stake for consumers

German consumers and industry risk facing billions of euros in additional energy costs as the country approaches winter with little protection against cold snaps and supply disruptions.

Montel: Tennet Germany “completely overwhelmed” by grid requests

A surge in grid connection requests from data centres and battery storage units has put electricity TSOs under stress, the head of Germany’s biggest transmission operator warned.

Reuters: Siemens Energy to divest industrial unit in bid to focus on gas turbines, grids

The move is aimed at sharpening the supplier of ​power equipment's focus on the booming utility sector.

Reuters: Spain plans new, stricter data centres rules, sources say

The Spanish government plans to introduce stricter water, energy and cybersecurity rules for data centres after a deluge of projects in the country, ​government sources say.

DW: Will VW's crunch week decide Germany's auto future?

Volkswagen bosses face angry workers this week over restructuring plans that could eliminate up to 100,000 jobs and threaten several German plants.