Construction Sector Needs Policy Incentives for Electrification
The construction sector is engaged in fierce price competition, necessitating political intervention to promote the use of electrified machinery. Experts suggest that incentive programs and targeted funding could accelerate the adoption of innovative machinery in construction. This push is as the sector faces intense price wars. The German construction sector is experiencing immediate price increases for oil-derived products like bitumen due to the Iran conflict. Companies are bearing these risks alone as they operate under fixed-price contracts, while state clients benefit from these agreements. The sector is also in a tough price competition, with a need for CO2-lowering construction machinery or support for electric operations. Young SPD politicians are emerging in Germany.
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Sources · 7 independent
WDR 5
“Denn man darf nicht vergessen, der Bau befindet sich in einem knallharten, reinen Preiswertbewerb. SWR 2020”
WDR 5
“Die Preise schlagen unmittelbar durch und das schon seit dem ersten Dritten und ich muss ihn ganz ehrlich sagen, an der Stelle verstehe ich am Ende gerade auch den staatlichen Auftraggeber nicht, warum er mit uns nicht in die Industrie befindet sich immer in einem knallharten Preiswettbewerb, am Ende stehen Festpreise.”
Young SPD Politicians
“Young SPD Politicians Emerge in Germany”
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