Germany’s single #powerprice zone is sending increasingly problematic price signals. This matters for consumers, power producers and investors, both in Germany and its neighbouring countries. ENTSO-E’s assessment and ACER’s opinion point to clear #efficiency gains from moving towards smaller, local price areas.

We’ve now published an English summary of our recent study assessing the benefits of moving to local electricity pricing in Germany. 1/x

German govt coalition agrees #powerprice package to relieve #energy-intensive industries

Package of measures, worth 12 billion euros in 2024 alone, includes lowering the #electricity tax and extending and expanding existing subsidy schemes

Deal means econ minister #Habeck's proposal for capped #industry electricity price is shelved

https://www.cleanenergywire.org/news/german-govt-coalition-agrees-power-price-package-relief-energy-intensive-industries

Today's top #energytransition stories

🔵 German econ minister doubles down on #powerprice subsidies with new #industry strategy https://www.cleanenergywire.org/news/german-econ-minister-doubles-down-power-price-subsidies-new-industry-strategy

🔵 German industry power price within European average, France significantly lower – report https://www.cleanenergywire.org/news/german-industry-power-price-within-european-average-france-significantly-lower-report

🔵 A quarter of #offshorewind production curtailed in first quarter of 2023 – media report https://www.cleanenergywire.org/news/quarter-offshore-wind-production-curtailed-first-quarter-2023-media-report

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