Germany the price brakes on gas and electricity
Germany’s so-called national “price brakes” on gas and electricity agreed at the end of 2022 are the single largest financial support measure the country has taken so far to shield energy customers from skyrocketing prices in the wake of Russia’s war on Ukraine. Contrary to the EU-wide gas price cap, the German subsidy does not set a ceiling for purchases on international markets but rather ensures that customers can cover most of their demand at a fixed rate if market prices exceed a certain threshold.
