US EditionGermany plans to lower industrial power costs from January
63 Articles
63 Articles
The grant, which Berlin negotiates with Brussels, could start on 1 January.
Now it is clear: The industrial electricity price is coming. Katherina Reiche announced the start of the state-subsidized electricity price aid on 1 January 2026.
41 percent of companies in Germany's industrial sector plan to cut jobs next year, according to a survey by the Cologne Institute for Economics.
For years there has been a debate about an industrial electricity price, now it could come quickly. For the economy, the new subsidy would be an important support - but high costs come to the state.
Watauga Democrat
German plans to lower industrial power costs from January
Germany plans to begin a scheme to slash energy costs for power-hungry manufacturers in January, the economy minister said Monday, part of efforts to revive Europe's struggling industrial powerhouse.
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