Electricity prices explode: Dark doldrums meet consumers hard!

Electricity prices explode: Dark doldrums meet consumers hard!

Riesa, Deutschland - The choice is decided! Yesterday, the citizens in Germany elected a new Bundestag. The democratic parties have sent courageous MPs into the meetings, and it is already clear that the government is under the leadership of the new Chancellor Friedrich Merz. In this choice, it was important to set a clear course, especially in times of considerable economic upheavals and in view of the challenges of climate change. The driving force of the energy transition remains crucial, because renewable energies from the sun and wind are not only environmentally friendly, but also unbeatable in the production. Oekonews reported that the costs for electricity generation by photovoltaics per kilowatt hour are currently-a clear advantage compared to fossil fuels.

While Germany sets the political course, we experience price tips on the electricity market. A so -called dark lept, characterized by little wind and cold weather, has led to a dramatic increase in electricity prices. At times, over 900 euros per megawatt hour were requested on the stock exchange - as high as never before the energy crisis. Like ZDF reported , this was done due to a rare combination of factors: Little available renewable energy and high demand in cold working days. Experts are surprised that despite the high prices, many coal and gas power plants were not operated to the full extent. This unexpected power gap leads to an increase in production costs for companies that rely on dynamic electricity tariffs, such as the electrical steelworks in Riesa, which set up production due to the high prices.

The challenges shown show that Germany has to rely more than ever on the integration of renewable energy sources and the development of flexible energy storage. The faster the new cabinet takes on reports from specialist associations, the sooner the goal of a stable and sustainable energy supply can be achieved. In order to reduce the financial pressure on consumers, a quick rethinking in energy policy must take place, while the costs of sustainable energies decrease worldwide and the demand for stable solutions is increasing.