The German steel federation (WV Stahl) warned that the subsidizing the energy system planned by the federal government would only provide limited relief for energy -intensive industries. The bill, which is expected, will be approved at a meeting of the Cabinet of Ministers, introduces a subsidy for expenses for the transfer network since 2026.
for the steel sector, the energy system has increased by 130 percent since 2023, when state subsidies were terminated. The sharp increase in costs seriously undermined the international competitiveness of the German steel companies.
limited annual benefit
subsidy, however, is planned only for one one The year since 2026. WV Stahl claims that the lack of long-term planning safety does not allow companies to allocate billions necessary for investment in decarbonization.
"We need a reliable and long-term reduction in the energy system. Annual solutions create constant uncertainty and undermine competitiveness at a time when the industry invests significant funds in climate change, ”commented Kerstin Maria Rippel, managing director WV Stahl.
