Latest news
Germany's electricity price cap to cost 14.5 bln eur until May
Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package Berlin set out last year to shield households and firms from surging energy prices.
read more... 25/01/2023
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Germany exploring trilateral gas solidarity deal with Italy, Switzerland
Germany is exploring a trilateral solidarity agreement with Italy and Switzerland to provide mutual support in the event of an extreme gas shortage, the economy ministry said on Tuesday.
read more... 19/01/2023
Stellantis, Vulcan Energy to develop renewable energy assets in Germany
Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
read more... 18/01/2023
Germany in talks with Iraq over possible gas imports
Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.
read more... 17/01/2023
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Germany targets variable customer power prices by 2025
German power suppliers may have to change their retail offers from 2025 as the government wants customers to benefit from adapting demand to high or low wholesale prices, the economy minister said on Wednesday.
read more... 12/01/2023