Urgent.News

What's breaking now, across thousands of outlets.

Business

Commentary: The prospect of falling electricity prices is misleading

The expansion of the networks will require investments totaling around half a trillion euros in the coming years.

Translated from German Read in German

Commentary: The prospect of falling electricity prices is misleading

Germany's high electricity prices have long been a burden on the country's economy. However, experts forecast a slight decrease in electricity prices in the coming years, driven by potential decreases in gas prices and the growing share of renewable energy. This decrease would primarily benefit consumers who can flexibly manage their energy consumption.

Nevertheless, additional costs, such as rising grid usage fees, are expected to offset some of these savings, with grid expansion investments in Germany estimated to reach around half a trillion euros in the coming years. These costs will be passed on to consumers, with household customers already paying over 30 percent of their bill in grid fees.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at handelsblatt.com →

More in Business

Ruto to hold talks with billionaire Dangote in US: Details of the meeting

President William Ruto is set to meet Nigerian billionaire Aliko Dangote in New York as Kenya seeks to advance plans for the Ksh2.2 trillion East Africa Refinery in Lamu, in what could be a key moment…

  • President Ruto to meet Aliko Dangote in New York.
  • Ksh2.2 trillion East Africa Refinery project discussed.
  • Refinery set to begin construction September 30, 2026.

More from Sunday 20 September →