Germany has an “energy-only” power market, meaning that all payments are based on the kilowatt-hour. If a plant does not run much, it earns less – and gas turbines are suffering the most. But as Craig Morris points out, Germany is a bit of an exception within the EU – for how much longer?
All posts tagged: Gas
EU Drives German Energy Policy
Yesterday, the German government held a press conference on the energy transition, which apparently put a lot of reporters to sleep. During the event, Environmental Minister Peter Altmaier found time to engage in a debate with us on Twitter. Craig Morris thinks he won that debate, by the way. And the real news came out of Brussels, not Berlin: German energy policy may violate competition rules.