Tag Archive for 'energy costs'

Bloomberg: German Electricity Wholesale Prices Tumbled to 12-Year Low on Monday

A recent Bloomberg article points out that German electricity wholesale prices keep falling, reaching a 12-year low on Monday. The article also talks about reasons and names winners and losers.

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IW/Handelsblatt: Energy Transition Costs EUR 28 Billion per Year – Shutdown of 57 Power Plants

According to calculations by the Cologne Institute for Economic Research (IW) for the business daily Handelsblatt, Germany’s transition towards a renewable energy supply (Energiewende) costs consumers EUR 28 billion annually. Using a standard 3 person household with 3,500 kWh consumption as a basis, this would mean EUR 270 per year . Dividing the EUR 28 billion by the number of inhabitants, this would mean EUR 345 per person and EUR 1,035 per 3 person household.

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DIHK Survey: High Energy Costs Obstacle for German Competitiveness

A recent poll by the German Chamber of Industry and Commerce (DIHK) among 1,400 industrial companies and their service providers (industrienahe Serviceunternehmen) concerning their level of satisfaction with the work of the government showed that energy safety and energy prices rank high on the agenda.

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