The price cap marks a response to growing concerns that a wave of insolvencies could wash over the country and disrupt the supply chains serving Germany’s largest industrial sectors.

Germany reportedly plans to cap surging electricity prices partially by taxing excess profit at power companies. Carla Mozée . Updated Wed, Oct 19, 2022, 10:20 AM 2 min read.

Germany considers electricity price cap to support industry 05/05/2023 May 5, 2023. Economy Minister Robert Habeck wants to support German industry for years to come with lower electricity prices.

Germany on Wednesday put the finishing touches on an energy price cap, the cornerstone of a massive 200-billion-euro ($198-billion) package to shield households and businesses from rising costs.

BERLIN (Reuters) -Germany will introduce a price cap on electricity for households and industrial consumers as part of measures to help Europe's largest economy weather an energy crisis, according to ...

Germany has agreed on an energy price cap as part of a huge €200 billion package to help households and businesses with rising costs. A gas price brake or cap - or Gaspreisbremse - will come ...

"We remain skeptical when it comes to issues surrounding a gas price cap, but we are generally ready for talks in the European framework," said a spokesperson for Germany's economy ministry. One EU ...

Germany's Economy Minister Robert Habeck on Friday presented plans to cap the price of electricity used by energy-intensive industries to insulate the sector against sharp cost increases, but the ...

The cap, which would be set at 0.06 euros ($0.07) per gigawatt hour (GWh), would apply until 2030 and cover at least 80 percent of companies' electricity usage.