German Industry Fleeing High Energy Prices, Costs And Bureaucracy In Record Numbers

Electricity costs in Germany have doubled since 2010. A recent study warns that this will remain so if not intelligently intervened.

Hardly a day goes by when there is no report of a larger company that wants to reduce jobs or entire locations in Germany. In particular, German industry suffers from the current conditions. These are jobs that are not so easy to replace. The German labour market is facing the biggest collapse since the 1970s. What began with individual Job's messages has become an avalanche that no one can ignore any more. In recent months alone, plans for the …

German Industry Fleeing High Energy Prices, Costs And Bureaucracy In Record Numbers

Soaring energy prices… regulations…35% of German companies say country is too hostile to business.

Germany disconnected its last three nuclear plants in April 2023. Nothing points to a reversible blackout. The foreseeable next chancellor, the conservative Friedrich Merz, did include in the campaign that led to the electoral victory a chapter that advocated ‘rethinking’ the abandonment of that energy source. The most realistic option is the fourth or fifth generation atomic energy, the so-called ‘Small Modular Reactors’ (SMR).

In the end nothing changes. After the Bundestag election, CDU head Friedrich Merz wants to continue the "energy turnaround" accelerated by the traffic lights continuously. Analysis of an endless wrong path. This post Habeck 2.0 energy turnaround with black paint was published on Junge Freiheit.

The German Association of the Automotive Industry (VDA) has announced that the current charging system for electric vehicle chargers is unsustainable. Urgent measures are needed against excessive prices at public charging stations......