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05 Jan
12:54

German fabricators bemoan doubling of grid fees

Germany’s steel and metals fabricators are alarmed about a doubling of power grid fees they face in 2024. Grid operators have announced an increase of the fees from 3.12 to 6.43 euro cents (3.40-7.02 US cents) per kilowatt hour, as the federal government will be axing its subsidies. Fabricators federation WSM is calling on the economy ministry for an explanation for the measure, which will hit companies and consumers, it says in a statement received by Kalla…
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