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VEA: Since January 2021, the electricity price has risen by an average of 61.7 percent. (Image: Stromnetz Hamburg GmbH)
Hanover (energate) - The current record price level is putting medium-sized companies under increasing pressure. Since last year, a price spiral for electricity has been gaining momentum in Germany that is now threatening the very existence of the company, said Volker Stuke, Managing Director of the German Association of Energy Consumers (VEA). "What is currently taking place on the local energy markets is literally crushing small and medium-sized businesses." Last yea ...
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