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Are fundamentals enough? Price variations in the German power market

From Cassandra's cursed prophecy to Donald Rumsfeld, the question of how to grasp the things we don't yet know has a long history. This post details the latest research highlighting just how far fundamentals can go in explaining movements in German power prices

Coal and Gas bails out Wind in Germany

Germany’s push toward renewable energy is causing so many drops and surges from wind and solar power that the government is paying more utilities than ever to help stabilise the country’s electricity grid.

Is Energiewende a price worth paying?

The favourable conditions governing the integration of renewables-based generation into the grid and the sheer volume of electricity generated from green sources is creating a number of challenges in the German power sector, penalising base-load producers and causing many utilities to consider mothballing uneconomical thermal capacity.