News Digest Item
24 Sep 2018

Rising power prices a growing burden for German SMEs – report

Bloomberg

Rising German power prices pose significant difficulties for the country’s famous “Mittelstand,” the large number of small and medium-sized companies that are a crucial part of Germany’s industrial production chain, William Wilkes and Brian Parkin report for Bloomberg. While many big companies get exemptions from tariffs imposed for funding renewable energy projects, households and smaller companies “pay more to absorb those costs,” they write.

Read the article in English here.

See the CLEW factsheet What business thinks of the energy transition for background.

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