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German gas commission agrees proposals to ease impact of soaring prices

Germany's expert commission charged with drawing up plans to ease the impact of soaring gas prices on consumers agreed on a set of proposals early on Monday, sources close to the talks said.

read more... 10/10/2022

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Germany to subsidise electric bills with 13 bln euro grid fee payment

Germany will subsidise power bills next year by paying just under 13 billion euros ($12.8 billion) towards the usage fees charged by the four high-voltage transmission grid companies (TSOs), economy minister Robert Habeck said on Wednesday.

read more... 06/10/2022

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Germany's biggest power producer RWE to phase out coal by 2030

Germany's largest power producer RWE said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government.

read more... 05/10/2022

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Germany agrees 200 bln euro package to shield against surging energy prices

German Chancellor Olaf Scholz set out a 200 billion euro ($194 billion) "defensive shield", including a gas price brake and a cut in sales tax for the fuel, to protect companies and households from the impact of soaring energy prices.

read more... 30/09/2022

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EU countries at odds over possible gas price cap

European Union countries were at odds on Wednesday over whether to cap gas prices in the bloc, with France, Belgium and 13 other states stepping up their call for the move opposed by Germany and others.

read more... 29/09/2022

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