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  • EU Commission Approves German Industrial Electricity Price Subsidy

    Daily Pulse April 16, 2026

    EU Commission Approves German Industrial Electricity Price Subsidy

    The European Commission has authorized Germany’s plan to subsidize electricity costs for energy-intensive industries retroactively from January 1, 2026, until the end of 2028, allocating €3.8 billion for this initiative.

    The subsidy aims to limit the effective electricity price for eligible companies, which must invest at least half of the support received into climate-friendly production measures. Approximately 9,500 firms, particularly in the steel, cement, and chemical sectors, are expected to benefit, with the target price set at €50 per megawatt-hour. This decision follows longstanding calls from industry associations for a dedicated industrial electricity price to mitigate high energy costs and enhance competitiveness.


    For journalistic integrity, this report was summarized from: zeit.de