Germany boasts the biggest economy in Europe. Yet energy-intensive industries in the country are struggling with high energy costs versus their global competitors.

The German government has said it will aim to lower the cost of power to EUR 50/MWh - far below current wholesale prices - from 1 January 2026 with the launch of its new industry power price.

What are the implications for German companies, larger firms as well as the smaller and medium sized companies that are the engines of the country’s economy?

In this episode, Richard speaks to Dr. Claudia Kemfert about the current sentiment towards the coalition government. In addition, what doed its plans to tender 10GW of predominantly gas-fired power plants says about Germany's commitment to the green energy transition?

Host: Richard Sverrisson - Editor-in-Chief, Montel News
Contributor: Christian Driessen - Germany Editor, Montel News

Guest: Dr. Claudia Kemfert - Professor of Energy Economics and Energy Policy at Leuphana University Lüneburg, and Head of the Energy, Transportation and Environment Department at the German Institute for Economic Research

Editor: Oscar Birk Hellenes
Producer: Sarah Knowles

Germany's industry power price: hit or miss?