Electrical industry calls for electricity price brake

The gas price brake in Germany is already taking shape. Now the industry is calling for equally ambitious action against the rise in electricity prices. Following the gas commission’s proposals, the electricity price brake must also come quickly and follow similar lines, Wolfgang Weber, CEO of the German Electrical and Digital Manufacturers’ Association (ZVEI), told Europe.Table. „In the process, electricity prices should be somewhat below what has now been set for gas prices.“ Otherwise, he said, there would be, for example, a lack of incentives to operate a heat pump instead of sticking with gas.