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.
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.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Germany under fire for preventing Turkish citizens from votingGermany’s refusal to allow more polling booths creates problems for Turkish diaspora voters to exercise their democratic right to vote in Türkiye’s presidential and parliamentary elections
Leer más »
Rumor: BYD-Powered Tesla Model Y Production Started In GermanyAccording to German publication Teslamag, Tesla has just started production of a new, BYD-powered, base version of the Model Y in Germany.
Leer más »
Nazi Germany and the Contemporary Republican Party'Nazi Germany is well known for its treatment of Jews,' writes Christopher Brauchli. 'The United States is becoming well known for its treatment of the LGBTQ+ community, people of color, and other minorities.'
Leer más »
Budget, lavish airline begins seasonal routes from SFO to EuropeIn this week's travel news roundup, Germany’s Condor Airlines resumes seasonal routes to North America, including San Francisco from SFO to Frankfurt.
Leer más »
Hugo Boss to Hit 4 Billion Euro Sales Target in 2023, Two Years Ahead of ScheduleThe Germany company raised guidance for 2023 after a better-than-expected Q1, during which sales increased 25 percent.
Leer más »