Germany's Scholz says more renewables key to lower industry costs

Nederland Nieuws Nieuws

Germany's Scholz says more renewables key to lower industry costs
Nederland Laatste Nieuws,Nederland Headlines

Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister.

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Industrial companies in Germany say electricity prices are too high compared with other countries, putting Germany's heavy industry at a structural disadvantage to other manufacturing centres such as the United States and China.

"There are regions already today where power production is as cheap as we want it to be so that industrial operations can prevail against global competition without subsidies," Scholz said, when asked to comment on how to best lower power prices.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

ReutersScience /  🏆 559. in NL
 

Nederland Laatste Nieuws, Nederland Headlines



Render Time: 2025-01-15 18:51:52