energy prices

One day in June: solar and wind renewables in Germany slash energy prices

While the UK has just committed to a huge taxpayer spend on a new nuclear power station and supine politicians wring their hands over our rigged energy market, Germany’s controversial renewables policy is showing signs of delivering cheap power in the future. On JUNE 16th 2013 something very peculiar happened in Germany’s electricity market. The wholesale price of electricity fell to minus €100 per megawatt hour (MWh). That is, generating

Rising energy prices, don't blame the green levy, blame the big 6 cartel

The ongoing political row over energy prices was brought sharply into focus this week as Scottish energy giant SSE raised its prices by 8.2 per cent blaming the green levy as a significant cause. The other 5 big energy companies are likely to follow suit. “We’re sorry we have to do this,” said SSE’s Will Morris. “We’ve done as much as we could to keep prices down, but the reality is