German Firms Take Back the Power

Written By The USA Links on Sunday, 2 March 2014 | 22:57


WSJ.com: US Business

German Firms Take Back the Power

March 2, 2014 7:16 p.m. ET


FRANKFURT—German companies are going off the grid.


Every sixth company in Europe's largest economy now generates its own electricity, roughly 50% more than one year ago, according to Germany's Chamber of Commerce and Industry. They range from rural family-owned companies to a vast Dow Chemical Co. plant that consumes 1% of the country's electricity.


The reason? Ever-higher electricity prices—driven in part by a 22%...





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