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German industry criticizes gas price cap

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Published: December 15th, 2022,
Last updated: December 21st, 2022

The energy sector and industry criticize the looming decision on the gas price cap (Europe.Table reported). „There are reports that ICE, as the most important exchange for gas trading in Europe, would raise security deposits by up to 80 percent if the price cap is passed,“ Ingbert Liebing, CEO of VKU, said yesterday. „This would further exacerbate the already high liquidity burden on energy utilities.“

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Energy Germany Digitization Natural gas Economy Energy Prices