DW Business - News September 30, 2022
The energy crunch. Germany set out a 200000000000. 00 euro package on thursday to tackle Rising Energy costs, including a gas price cap. But it is unclear of this latest move by the use. Energy ministers can turn the tide of exploding Energy Prices just over a year ago in august 2021, one megawatt hour cost, around 83. 00 euros on the european market. Now its tough to 464. 00 euros. The jump was caused by the massive increase in natural gas prices, which is a critical fuel for european power plants. According to figures of the organization for Economic Cooperation and development, we see d. Th...