POLICY

Germany earmarks €54 bn to cap gas and electricity prices

GERMANY will introduce a cap on gas and electricity prices for companies and households next year as Europe's largest economy seeks to contain the fallout from Russia's moves to slash energy supplies, BNN Bloomberg reported yesterday.

Tim Daiss
Germany earmarks €54 bn to cap gas and electricity prices

The package of measures, which will cost the government about €54 billion ($55.5 billion), will go into effect on March 1, according to government officials. The subsidies will be paid retroactively for...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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