German Power Prices to Stay High as Link to Gas Seen Stronger

German Power Prices to Stay High as Link to Gas Seen Stronger

(Bloomberg) — Electricity prices in Germany will remain elevated as their link to natural gas is poised to strengthen over the coming years.

The gas storage facilities in Germany are largely empty, but given the very high prices at present, replenishment is very costly. However, the solution to this problem – the resumption of gas supplies from Russia – is politically undesirable. Consumers pay for the mine. The small German village of Rehden, halfway between Hamburg and Frankfurt, is the unlikely focal point for the next phase of the European energy crisis, according to the US finan…

IEA calls on Germany to 'clarify' role of gas in future energy strategy

In its energy policy review, the agency emphasises "the need for long-term policy stability" and clear communication.

Transport remains the worry child of climate protectionists, because unlike in the other sectors, emissions on the road will hardly be reduced. IEA now demands additional tax benefits.

What about the German energy transition? Not bad at all, is the verdict of the International Energy Agency. With one big exception.

IEA Urges Germany to Optimise Electricity System for Cost-Effective, Emission-Free Future

As renewable energy becomes a larger part of the electricity mix, the IEA urges Germany to optimise its electricity system to cut costs and speed up emissions reductions in end-use […] The post IEA Urges Germany to Optimise Electricity System for Cost-Effective, Emission-Free Future appeared first on SolarQuarter.