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Trade unions demonstrate for electricity price relief

The traffic light's electricity price package is not enough for the IG Metall and IG BCE trade unions. They continue to demand a bridging electricity price. This is intended to reduce costs until enough cheap electricity from renewable energies is available. A day of action is planned for Friday.

An IG Metall flag flies in the wind..aussiedlerbote.de
An IG Metall flag flies in the wind..aussiedlerbote.de

Trade unions demonstrate for electricity price relief

The IG Metall and IG BCE trade unions are demonstrating at several locations on Friday for higher electricity price relief in the energy-intensive industry. Around 10,000 employees from the steel, metal and chemical industries, among others, are expected to attend a rally in Duisburg. A demonstration is also planned in front of the Federal Ministry of Finance in Berlin. The day of action is being held under the heading "Bridge electricity price now!".

The trade unions are calling for a temporary reduction in electricity prices for energy-intensive industries. They consider the electricity price package presented by the traffic light coalition two weeks ago to be inadequate. Among other things, it provides for a significant reduction in the electricity tax for the manufacturing industry and an extension of the existing electricity price compensation for companies that suffer particularly from high electricity prices.

At the rally in Duisburg, IG BCE boss Michael Vassiliadis and IG Metall boss Christiane Benner will address the employees. The Labor Director of steel manufacturer Thyssenkrupp Steel will also take part in a panel discussion.

The consequences of the Federal Constitutional Court's budget ruling for the energy-intensive industry will also be discussed. As a result, the industry fears a significant deterioration in the funding conditions for its conversion towards climate neutrality.

  1. The demonstration by IG Metall and IG BCE trade unions in Duisburg is primarily focused on the energy-intensive steel, metal, and chemical industries, seeking relief from high electricity prices.
  2. The inadequacy of the electricity price package presented by the traffic light coalition, which includes a reduction in electricity tax for manufacturing industries and an extension of electricity price compensation, has been criticized by the trade unions.
  3. As part of the day of action, the trade unions and industry representatives will discuss the impact of the Federal Constitutional Court's budget ruling on the funding conditions for the energy-intensive sector's transition towards climate neutrality, and how this may influence steel and electricity prices.

Source: www.dpa.com

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