# Germany enacts electricity and gas price brakes

Date: 2022

In December 2022 the Bundestag adopted the electricity and gas price-brake statutes, capping a basic consumption block after wholesale prices spiked. The instruments are fiscal price controls, not generation investment.

## People

- Olaf Scholz: https://factrail.ai/people/olaf-scholz

## Drivers

- Cost-of-Living Pressure: https://factrail.ai/drivers/econ-cost-of-living-pressure

## Sources

- https://www.reuters.com/business/energy/germany-finalises-200-billion-euro-energy-relief-package-2022-12-16/
- https://www.bundestag.de/dokumente/textarchiv/2022/kw50-de-energiepreisbremsen-922598

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/de-energy-price-brake-2022