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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Germany: No visible moves to reduce energy costs so far

9:23 AM MST | November 19, 2013 | Michael Ravenscroft

The negotiations currently underway to form a new federal government in Germany are not going far enough in reforming the renewable energy act (EEG), according to Germany's energy-intensive industries association (EID; Berlin). The political parties negotiating a new government have so far shied away from any measures that might lead to a visible reduction in energy cost, according to Utz Tillmann, managing director of Germany's chemical industry association (VCI; Frankfurt) and a spokesperson for EID. "The parties are only half-heartedly approaching the...

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