Category: Industrial Electricity

German Steel Federation: Industrial Electricity Price: Relief For The Steel Industry Insufficient In mid-November, the coalition committee approved key points for an industrial electricity price. The plan is for energy-intensive industries to be able to purchase electricity at a price of 5 cents per kilowatt-hour over the next three years. The German Steel Federation views this step as a generally positive sign from the federal government on the path to internationally competitive energy prices. However, due to European state aid regulations, the measure is unlikely to provide any significant additional relief,...