- The 1,000 municipal utilities that are the last link in the German energy supply chain are feeling the pinch of record-high energy prices, raising fears that some of them might go bankrupt.
- Some municipal energy utilities, like the one in Bielefeld, credit their continued survival on their ability to keep prices low thanks to their three-year procurement strategy.
- VKU lists three options for the government to help keep municipal utilities afloat: a “temporary moratorium on insolvency,” a “guarantee framework to cushion the massively increased collateral requirements” in energy trading and, “if necessary,” subsidies to keep them in business.
Energy crisis looms large over Germany’s local utilities
