29 January 2013 20:17 [Source: ICIS news]
Minister Peter Altmaier this week proposed freezing the surcharge, known as “EEG-Umlage”, at 5.28 euro cents/kWh for two years. After that, increases in the surcharge would be limited to 2.5%/year.
However, Karl-Ludwig Kley, president of
Kley stressed the role that energy-intensive chemical production plays for
VCI general manager Utz Tillmann added that
In order to boost investments and secure jobs, producers needed a “genuine brake” on electricity costs, Tillmann said.
VCI estimates that the country’s chemical industry will have to pay some €800m ($1.08bn) in electricity surcharges this year alone to help subsidise renewables, according to information on the group’s website.
Minister Altmaier aims to have his proposals passed into law by 1 August, before a federal election.
However, Chancellor Angela Merkel’s ruling coalition government does not have a majority in the upper house, the Bundesrat, where opposition parties could therefore block the proposals, commentators said.
($1 = €0.74)
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