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Here is a sense of what is coming from the new German coalition:

  • To abolish gas storage surcharge
  • Agrees to abolish tax and grid fees by at least 5 cents per kw/h
  • To introduce incentives to build up to 20 gw of gas power capacity by 2030
  • To examine possible reactivation of some nuclear power plants
  • To abolish controversial heating law
  • Aims for medium-term free trade agreement with US, reduction in import tariffs on both sides of Atlantic
  • Plans to cut corporation tax by 1% a year for five years from 2028

I don't see any big surprises here but there is a big pivot on energy policy underway.

Source: Forex Live