Additional costs for energy-intensive industries

The doubling of transmission grid fees from 1 January 2024 will lead to a further tightening of electricity prices, which are now barely competitive, warn Germany's energy-intensive industries (EID). „The announced Elimination of the state subsidy for transmission grid fees means an additional annual burden of around 2 billion euros for our industries,“ says Jörg Rothermel, Managing Director of EID, which covers the construction materials, chemicals, glass, non-ferrous metals, paper and steel sectors.

„The measures originally planned in the electricity price package would have primarily secured the status quo for our sectors anyway and not brought any significant relief. Now we are experiencing a topsy-turvy world: contrary to all political promises, electricity costs are continuing to rise. We still need a political solution for internationally competitive electricity prices if we are to survive in the global competition between locations and manage the transformation to climate-neutral production. This also includes the stabilisation of grid fees. The German government must continue to tackle this urgent task with great vigour!“

Jörg Rothermel

Source: The energy-intensive industries in Germany