German power exports more valuable than imports
Germany’s Fraunhofer Institute for Solar Energy Systems (ISE) has added a new section on power trading to its Energy Charts website. Craig Morris says it dispels the myth that Germany is dumping excess renewable electricity on neighboring countries at low prices. One persistent myth about the Energiewende – both within Germany and abroad – is that the Germans pay a lot for their green electricity only to export it at a loss when it has more than it can consume. Of course, Germany has never had more than around 80 percent renewable electricity (and that only briefly), so it has never had “more than it can consume.” But the actual situation is the reverse: Germany exports more electricity when demand (and hence prices) are high; it imports when demand and prices are low. Back in 2013, I first reported on the matter. In 2012, the average kilowatt-hour exported from Germany cost 0.35 cents more than the average imported kWh. The next year, the price difference was smaller at 0.31 cents – but the disparity with … Continue reading German power exports more valuable than imports
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