alt Hacker NewsThe tax reduction will almost certainly be extended and not be allowed to sunset. Industry electricity costs are more or less in line with other highly developed countries around the world and will remain so. Also, many larger industrial companies do not source their electricity from the common grid, but have dedicated power plants and increasingly their own investments in renewable energy production.
No company invests billions into industry projects with that kind of political uncertainty. You can see it in the numbers: BASF stopped basically all investments in Germany. You cannot bet your whole company on a tax cut that was recently introduced and is already scheduled to disappear.