Germany Could Launch Natural Gas Subsidies Earlier Than Planned

Germany Could Launch Natural Gas Subsidies Earlier Than Planned

OilPrice.com

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The German government is looking to introduce a planned natural gas price cap for households and businesses as early as in January 2023, compared to initial plans for implementing the subsidy as of March or April. Europe’s biggest economy is weighing the practical aspects of starting the gas price cap, which will be a form of subsidy, at the beginning of next year, a spokesperson for the German government said on Monday. The energy industry association, BDEW, however, says that bringing forward the gas price cap cannot be done as of January…

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