Germany from Winners to Losers in 2022 | 92 comments (92 topical, editorial, 0 hidden)

Energy prices exploded in 2021, making refueling and heating noticeably more expensive. One reason for this is the recovery of the global economy. But the German government may have ulterior motives to stay silent on it.

EEG-Umlage could be scrapped sooner rather than later | Jan. 24, 2022 |
In a bid to relieve consumers, who are battling with spiralling costs for energy in Germany, the ruling parties of the traffic light coalition are mulling the possibility of scrapping the EEG surcharge - a tax on the price of electricity used to fund the expansion of green energy systems in the federal republic - sooner than originally planned.
FDP parliamentary group leader Christian Dürr told dpa that the coalition partners wanted to get the measure off the ground as soon as possible, with discussions pencilled in to take place over the next couple of weeks. "The high tax burden and rising inflation are increasingly becoming a problem for consumers," he explained.

'Sapere aude'

by Oui (Oui) on Sat Aug 13th, 2022 at 12:04:51 PM EST

Re: German EnergieKrise Price Rise Oct. Surprise (none / 0)

Europe's Worst Energy Nightmare Is Becoming Reality | FP - July 11, 2022 |
Russian outages and record-high prices threaten a "winter of discontent."
As Russian gas cutoffs upend European energy security, the continent is struggling to cope with what experts say is one of its worst-ever energy crises--and it could still get much worse.
For months, European leaders have been haunted by the prospect of losing Russia's natural gas supply, which accounts for some 40 percent of European imports and has been a crucial energy lifeline for the continent. That nightmare is now becoming a painful reality as Moscow slashes its flows in retaliation for Europe's support for Ukraine [false: the imposed economic sanctions in addition to lethal arms delivery to Ukraine - Oui] , dramatically increasing energy prices and forcing many countries to resort to emergency plans, and as backup energy suppliers such as Norway and North Africa are failing to step up.
"This is the most extreme energy crisis that has ever occurred in Europe," said Alex Munton, an expert on global gas markets at Rapidan Energy Group, a consultancy. "Europe [is] looking at the very real prospect of not having sufficient gas when it's most needed, which is during the coldest part of the year."

EU trade sanctions in response to situation in Ukraine

On 21 July 2022, the EU adopted additional sanctions in response to Russia's illegal and unprovoked military aggression against Ukraine. These sanctions build on, and expand, the earlier sanctions.

'Sapere aude'

by Oui (Oui) on Sat Aug 13th, 2022 at 12:06:26 PM EST
[ Parent ]

Re: German EnergieKrise Price Rise Oct. Surprise (none / 0)

National policies to shield consumers from rising energy prices

Germany's energy regulator has estimated that monthly heating bills could triple next year due to a significant decrease in Russian gas imports.
"For those now receiving their heating bill, the payments are already doubling -- and that is before taking into account the Ukraine war," Federal Network Agency chief Klaus Müller told Germany's RND news outlet.

'Sapere aude'

by Oui (Oui) on Sat Aug 13th, 2022 at 12:07:17 PM EST
[ Parent ]

Germany from Winners to Losers in 2022 | 92 comments (92 topical, 0 editorial, 0 hidden)