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German industry should have maximum power price during wait for low-cost green energy, minister says

( May 5, 2023, 16:06 GMT | Official Statement) -- MLex Summary: German industry should access low-cost green power thanks to long-term contracts, but enjoy a “bridge” maximum power price of 6 euro cents per kilowatt hour on 80 percent of their consumption, the economy and climate minister Robert Habeck has said. A defined group of recipients would be reimbursed for the difference between the bridge price and the higher electricity prices, a statement says, but conditions would be attached.Press release follows in German. Document attached in German....

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