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hmm not sure I can follow the logic. Germany does have quite a lot of wind power doesn't it? Also AFAIK prices in Germany went up because of higher demand for
by kohlerm 5y ago
hmm not sure I can follow the logic. Germany does have quite a lot of wind power doesn't it?
Also AFAIK prices in Germany went up because of higher demand for Gas.
And then somehow it is expected, as soon as there is a big enough crisis energy prices will go up exponentially.
- lm28469 5y agoGermany always had bad prices, it's been twice the French's price for as long as I can remember https://strom-report.de/electricity-prices-europe/ https://strom-report.de/electricity-prices-europe/
- otherme123 5y agoGermany messed up, because instead of phasing out coal before anything else (like they did in UK or Spain), they phased out nuclear plants. Spain or UK, both at only 20% nuclear but without coal, have the same prices than France, thanks to the renewables keeping it low.
- hackeraccount 5y agoI've always thought Germany's energy prices were by design - I think it's a round about way of engaging in financial repression. Germany is an exporting country and reducing domestic consumption helps with that strategy.
- tjansen 5y ago> Germany does have quite a lot of wind power doesn't it? Yes, but just not every week. The amount of energy produced per year by wind power is fine. But you'd need the capability to store it for weeks or even months to use it as a reliable energy source.