Energy-intensive industry has been hit hard by the rise in energy prices. Companies that did not stock up on the relevant gas or electricity in good time are now paying a high price. Medium-sized companies in particular are being hit hard by rising costs and are often unable to pass them to their customers almost entirely. This is alarming for the associations, which are calling on policymakers to take appropriate measures to moderate energy costs. Here you can track how the situation for energy-consuming companies continues to develop:

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'Steel has a strategic function, for example in the ramp-up of hydrogen,' said Martin Theuringer, WV Stahl.

"Seven cents for gas is not sustainable in the long run"

Berlin - The steel industry in Germany is suffering from high energy prices and at the same time faces a major transformation for more climate protection. Martin Theuringer, managing director of the German Steel Federation, talked about competitive pressure, the brakes on electricity and gas prices and access to hydrogen in an energate interview...

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All news on the topic

  • Grid agency head Müller considers blackouts very unlikely

    Berlin - The President of the Federal Network Agency (BNetzA), Klaus Müller, gives the broadest possible blackout warning: "What we can say is that blackouts are very, very unlikely," Müller said at the annual conference of the Association of Industrial Energy and Power...
  • Acceptance for onshore wind power reaches record level

    Berlin - In view of the prevailing energy crisis, the overall economic acceptance for onshore wind energy is increasing. This applies to both existing plants and new projects in this segment, is the result of a Forsa survey commissioned by the Fachagentur Wind an Land (FA Wind)...
  • "Flexibility management holds great potential"

    Munich - Intelligent load management reduces energy consumption and costs, which is why the European parliament is pleading for corresponding incentives. Not only companies should address the technology more vigorously - the German government should do so, too, says Drazen Nikolic, managing director of Envision Digital Germany...
  • High gas prices increase industry efficiency

    Munich - Many industrial companies have saved gas during the energy crisis without curbing their production. The high gas prices made more and more companies manage their energy consumption more efficiently...
  • "The anti-gas course of banks and local politics is dangerous"

    Berlin - On the deadline of 1 December, both conventional and innovative CHP are up for tender. energate spoke to the president of the German CHP Association, Claus-Heinrich Stahl, about his forecast and the consequences of the energy crisis for CHP...
  • Gas consumption: Temperature-adjusted only -7 per cent so far

    Berlin - German gas consumption is declining but not as strongly as the Federal Network Agency had hoped, when adjusted for temperature. According to the latest figures from the energy association BDEW, consumption from January to October totalled around 674 billion kWh, what corresponds to a drop of 13.7 per cent...
  • Study: Cheap green electricity keeps industry in Europe

    Berlin - Europe's energy-intensive industry is thirsty for affordable green electricity. According to a recent study by Elia and 50 Hertz, cheap and at the same time low-CO2 energy is a key location factor for companies. At the same time, the growing need for decarbonisation is putting Germany and Europe under pressure in terms of electrification...
  • Palladio courts municipal utility funding

    Frankfurt/Main - The energy crisis is putting many municipal utilities on the defensive. The first institutional investors are now sensing their chance to get themselves talked about as project partners and financiers for municipal infrastructure, such as the investment company Palladio...
  • Energy crisis pushes environmental protection into the background

    Düsseldorf - The energy crisis is shifting priorities among the population. Security of supply is now the most important issue for 48 per cent of citizens when it comes to energy supply. Low prices follow with 40 per cent. These are the results of the survey 'Energy Crisis 2022 from the Consumer's Perspective'...