Union day IG Bau: Scholz confirms: electricity and gas prices must be reduced

Federal Chancellor Olaf Scholz (SPD) has confirmed the need for falling electricity and gas prices.

Union day IG Bau: Scholz confirms: electricity and gas prices must be reduced

Federal Chancellor Olaf Scholz (SPD) has confirmed the need for falling electricity and gas prices. "We now have the big task of making sure that prices don't go through the roof," he said on Monday in a video message on the occasion of the trade union day of the industrial union Bauen-Agrar-Umwelt in Kassel. Current energy prices should be pushed down.

"We will not accept that someone who produces cheap electricity makes big profits because the prices depend on the electricity produced with gas," he stressed. In addition, the federal government is fighting to ensure that gas prices fall again. "It is necessary."

From the current perspective, Scholz believes that Germany's energy supply over the winter is secure. With the switch to alternative gas supply sources and the start of construction of LNG terminals, but also with the continued operation of coal-fired power plants and the nuclear reserve, the conditions have been created, he said. "After all the decisions we've made, Germany will get through this winter."

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