Launch of First Up-to-date Energy Cost Indicator for German Industry
The often heated debate about energy costs and climate politics has so far lacked a reliable and up-to-date indicator of energy costs that is accepted and applied consistently by policy makers, industry representatives and other stakeholders of energy, climate and industrial policy. To fill this gap the European Climate Foundation has engaged in a partnership with the German Institute for Economic Research (DIW Berlin) and the Öko-Institut to develop a new comprehensive Energy Cost Indicator for the industrial sector.
The data evaluation mainly showed the following results:
- In spite of the rising costs caused by the Energiewende since 2011, the total energy costs for the German industry have fallen between 2010 and 2015.
- Compared to 2010, companies pay about 300 Million Euros less for energy per month.
- Highly energy-intensive industry sectors benefit most from the oil price collapse.
The German press release is available for download here.
Further information is available via the German version of this page.