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Well, electricity consumption has fallen quite a bit, because energy intensive industries (like chemical industry) already left the country. Energy prices are s
by jansan 2y ago
Well, electricity consumption has fallen quite a bit, because energy intensive industries (like chemical industry) already left the country. Energy prices are still high (not as high as 2022) and they would probably be much higher if those industries were still there.
Unfortunately there is little reason to invest in Germany at the moment. It will get worse(they are already announcing an increase in health insurance rates) before it will get better.
- Lutzb 2y agoDo you have any numbers regarding companies that have left Germany because of energy costs?
- jansan 2y agoNo, but news are everywhere if you open your eyes. https://www.handelsblatt.com/unternehmen/industrie/basf-chemiekonzern-schliesst-zwei-weitere-anlagen-in-deutschland-01/100051951.html https://www.handelsblatt.com/unternehmen/industrie/basf-chem... https://www.electrive.net/2023/05/23/volkswagen-streicht-wohl-plaene-fuer-zweite-batteriefabrik-in-niedersachsen/ https://www.electrive.net/2023/05/23/volkswagen-streicht-woh... https://www.chemietechnik.de/markt/lanxess-spart-und-schliesst-anlagen-in-krefeld-432.html https://www.chemietechnik.de/markt/lanxess-spart-und-schlies...