BFederal finance minister Christian Lindner has called for the reform of the electricity market to be speeded up. “The federal government must address electricity prices with the utmost urgency,” said the FDP chairman of the “Bild am Sonntag”. Otherwise “inflation will be driven more and more by an electricity crisis”.

Lindner criticized the sharp rise in profits for the operators of wind turbines, solar systems and coal-fired power plants: “Politicians have set up a profit autopilot on the electricity market.” Due to the applicable rules, the producers of solar, wind or coal-fired power would automatically be paid as if they had they bought expensive gas. “Profits are increasing billion by billion at the expense of consumers.”

Habeck wants to decouple electricity and gas prices

Federal Economics Minister Robert Habeck (Greens) wants to curb prices for consumers and industry with a fundamental reform of the electricity market. A ministry spokeswoman said on Friday that efforts were being made to decouple the development of end customer prices for electricity from the rising gas price. It is a medium-term project.

According to a report in the “Handelsblatt”, the intended reform is intended to override a basic principle of today’s electricity market: Up to now, gas-fired power plants have usually set the price on the electricity market, so the electricity price automatically increases with the gas price.