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Vestager cautious on industrial electricity prices

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Published: May 9th, 2023,
Last updated: May 9th, 2023

Competition Commissioner Margrethe Vestager has expressed caution about a push by German Minister for Economic Affairs Robert Habeck (Greens) for a discounted industrial electricity price. „You have to be very careful when you start subsidizing energy for companies that are in direct competition with other companies that don’t have the same opportunities„, Vestager told reporters in Berlin on Monday.

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Renewable energies Natural gas Electricity price