Energy costs: Federal Cabinet approves electricity and gas price brake

Energy costs: Federal Cabinet approves electricity and gas price brake

The planned reductions in electricity and gas prices have overcome the next hurdle. Following the cabinet resolution, the Bundestag and the Federal Council must now approve it.

Energy supply crisis: Federal Cabinet approves energy price brakes — with two changes

The Federal Cabinet decided on the price brakes for electricity and gas on Friday — with changes, in particular in the absorption of excess profits. The Bundestag and the Federal Council now have the floor.