Electricity price cuts are "good news" for the economy
Industry in North Rhine-Westphalia has welcomed the measures planned by the federal government to reduce electricity prices for business. The President of the Chambers of Industry and Commerce in NRW, Ralf Stoffels, spoke of "good news" on Thursday. The plans include a significant reduction in electricity tax for the manufacturing industry and an extension of the existing electricity price compensation for companies that are particularly affected by high electricity prices. "This will help NRW industry across the board, quickly and unbureaucratically," says Stoffels.
However, it remains to be seen whether the package can ultimately secure competitive electricity prices for the entire industry. "This can only be achieved in the long term through a rapid expansion of the electricity supply." Stoffels criticized the fact that the electricity tax is not to be reduced across all sectors, "because companies in trade and services are also dependent on affordable electricity prices".
NRW Economics Minister Mona Neubaur (Greens) also expressed her agreement. "An electricity price bridge is an important building block and provides a basis for shaping the transformation under better conditions," she said. Energy costs are one of the key factors for the location in NRW and for tens of thousands of jobs in the state.
The proposed reduction in electricity prices and electricity tax for the manufacturing industry in North Rhine-Westphalia is expected to bring significant relief to the energy-intensive sectors. However, ensuring competitive electricity prices for the entire industry requires a rapid expansion of the electricity supply, addressing the concerns of all sectors, including trade and services, for sustained affordability.
Source: www.dpa.com
