News Digest Item
20 Mar 2018

Companies welcome econ min Altmaier’s lower power price promise

WirtschaftsWoche

Representatives of German businesses have welcomed the announcement by new economy and energy minister Peter Altmaier to work towards lower power prices for companies, Donata Riedel writes in WirtschaftsWoche. Christian Vietmeyer, CEO at the Association of Steel- and Metalworking (WSM), says small and middle sized industrial companies in particular suffer from high power costs. “The energy transition is a large-scale economic project and has to be financed through the federal budget,” Vietmeyer argues.

Read the article in German here.

See CLEW’s profile of economy minister Altmaier and the factsheet What business thinks of the energy transition for more information.

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