Germany’s economy ministry has put forward a contentious multibillion euro plan to subsidise electricity costs for the country’s energy-intensive industries until 2030 to help companies transition to renewables and persuade them not to move production abroad. The initiative championed by Vice Chancellor and Economy Minister Robert Habeck has been welcomed by some businesses. But Chancellor Olaf Scholz has said the government should not get into the habit of subsidising parts of the economy while Finance Minister Christian Lindner has branded the plan economically unwise and unaffordable.
This Dods Political Intelligence report, produced by our German-language monitoring team, provides a one-stop guide to the controversial industry energy subsidy plan and a range of stakeholder reactions with links to original sources.