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07 Jul
11:30

German energy costs continue to rise

Germany’s manufacturing industries are concerned about rising electricity costs, which will hit small and medium-sized enterprises harder than big groups, Kallanish hears from local trade federations. Prices at the Leipzig energy stock market EEX have doubled in a matter of two years, from €20/MWh ($23.50/MWh) in early 2016, to now over €40/MWh, driven by rising prices for coal, gas and oil. The increase conflicts with Germany’s energy tran…
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