Particle.news

Download on the App Store

Northern German Firms See Brighter Energiewende Impact as Energy Price Fears Grow

A June survey of more than 400 companies across five northern states points to mounting cost pressure from energy prices.

Image
Die Energiewende in Deutschland wird teurer. Dennoch bewerten norddeutsche Unternehmen die Transformation etwas positiver als zuvor. (Symbolbild)

Overview

  • Positive or very positive assessments rose to 27.3 percent, a gain of 4.4 percentage points from a year earlier.
  • Negative or very negative evaluations fell to 31 percent, down 6.9 points, with 38.7 percent reporting neutral effects.
  • Despite improving sentiment, 39.6 percent fear losing competitiveness because of energy prices, up from 33.9 percent last year.
  • IHK Nord chair Thomas Buhck said high electricity prices are hurting companies across all sectors, not only manufacturers.
  • The regional Energiewendebarometer reflects responses from more than 400 firms in June and covers 13 chambers in five northern states.