Germany Power Prices Turn Deeply Negative on Renewables Surge

Power generation from fossil fuels in Germany rose to its highest level in almost nine months as cold weather and weak winds reduced renewable output, straining supply. The shift likely puts short-term upward pressure on wholesale power prices and emissions, increasing near-term risks to energy security and renewable transition targets.

Analysis

Power generation from fossil fuels in Germany rose to its highest level in almost nine months as cold weather and weak winds reduced renewable output, straining supply. The shift likely puts short-term upward pressure on wholesale power prices and emissions, increasing near-term risks to energy security and renewable transition targets.