Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday. Electricity distributors would be required to grant households a certain electricity quota at a discounted price per kilowatt hour, with a similar contingent planned for small and medium-sized enterprises, the paper said. The stated goal is to decouple the price of electricity from the price of gas, which has rocketed since the Ukraine war and subsequent plunge in Russian deliveries to Germany. The ministry also detailed a planned cap on electricity prices for producers, with the difference on the market price to go towards funding the relief. Electricity producers have benefited from […]