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Average German industrial electricity prices spiked in 2021, 2022, and 2023. 3 years. That's it. By 2024, they were back to the same level as 2017. https://www
by triceratops 3mo ago
Average German industrial electricity prices spiked in 2021, 2022, and 2023. 3 years. That's it. By 2024, they were back to the same level as 2017.
https://www.dw.com/en/high-electricity-prices-a-threat-to-germanys-industry/a-71644198 https://www.dw.com/en/high-electricity-prices-a-threat-to-ge...
In other words it's been approximately 2.5 years since prices recovered. If Germany industry can be irrecoverably damaged by 3 years of high power bills, maybe there were deeper issues.