APRIL 16, 2026 AT 09:26 AM
German government has agreed on electricity price mechanism for industry, Handelsblatt reports
Importance
Level 1
- Government has agreed details of an industrial electricity price subsidy that would let energy-intensive sectors such as chemicals, metals and cement cover part of their power demand at EUR 0.05 per kilowatt-hour, from 1st January 2026
- The scheme still needs final EU Commission approval