Remove Automobile Industry Remove Electrical Storage Remove Financing Remove Industrial
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted. For private households, electricity rates were nearly 40% higher than the European Union average in 2012; for industrial facilities, 20%. billion) this year.

Germany 239