In brief | 3 September ‘25
Reuters: France wants more time to clinch new EU climate target, diplomats say
France has demanded that negotiations on the European Union's new climate change target are escalated to national leaders, diplomats said, a move that could delay a deal on the 2040 emissions goal. Politico's Zia Weise reports that Germany backs the French proposal.
Bloomberg: Spain’s negative power prices are already twice the 2024 total
More than 500 instances of negative hours have been logged in the Iberian market this year, data from power exchange OMIE show.
Reuters: Romania is negotiating with EU to extend coal-fired plants' operation, minister says
Romania is negotiating with the European Commission to delay shutting down 2.6 gigawatts of coal-fired generation by at least five years, Romanian Energy Minister Bogdan Ivan said.
FT: BMW to unveil ‘superbrain’ EVs to challenge Chinese rivals
BMW is betting on software-controlled electric vehicles powered by “superbrains” in one of the most ambitious attempts by struggling legacy carmakers to take on Chinese rivals and Tesla.