Natural gas
Germany: Abolition of gas storage levy
The new German government has announced its intention to reduce energy bills for companies and consumers by at least 5 cents per kilowatt hour.
3/27/2025
In order to reduce energy costs, the Conservatives and the Social Democrats in Germany have agreed to abolish the gas storage levy."We will abolish the gas storage levy for everyone," reads a working paper that has now been drawn up as part of the talks to form a new coalition government.Manufacturers and households currently pay a levy to cover…
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