German energy market

Germany renewable production

On Sunday May 8th, at 11 a.m. local time, the total output of German solar, wind, hydropower, and biomass reached 55 gigawatts (GW), just short of the 58 GW consumed by every light bulb, washing machine, water heater and personal computer humming away on Sunday morning. According to Agora Energiewende, a German clean energy think tank, this 90% figure is a new record and a major milestone in Germany’s long term

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