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Strompreisbremse
/ˈʃtʁoːmˌpʁaɪ̯sˌbʁɛmzə/
electricity price brake
Die Strompreisbremse soll Haushalte vor extremen Stromkosten schützen.
The electricity price brake is supposed to protect households from extreme electricity costs.
Finance
formal
A government-imposed measure to cap or stabilize electricity prices, typically to protect consumers from extreme price fluctuations, especially during energy crises or market disruptions.
Die Bundesregierung hat die Strompreisbremse eingeführt, um die Energiekosten für Verbraucher zu begrenzen.
The federal government introduced the electricity price brake to limit energy costs for consumers.
This term emerged in German political and economic discourse, particularly in response to the 2022 energy crisis triggered by the Russia-Ukraine war.
Collocations
Strompreisbremse einführento introduce the electricity price brakeStrompreisbremse verlängernto extend the electricity price brake
Pro Tip
Context Matters
This term is primarily used in discussions about energy policy, economics, and consumer protection in German-speaking countries.
Word Origin
Compound of 'Strom' (electricity), 'Preis' (price), and 'Bremse' (brake). Coined in German political and economic contexts to describe government interventions in electricity pricing.
Usage Notes
The term is specific to German-speaking regions and is used in discussions about energy policy, economics, and consumer protection. It does not have a direct equivalent in English, where similar concepts might be referred to as 'price caps' or 'energy subsidies'.
Word Breakdown
Strom
electricity
rootPreis
price
rootBremse
brake
rootDeutsch-Englisch Wörterbuch