The high price is probably more related to the fact that Germany relied on gas and oil from Russia in addition to closing down all nuclear power plants. Short and medium term this will show in the price.
I'd like to thanks the German government's policies for the past decades for making me pay absurd electricity prices since the Russian invasion started, even though I live in Sweden with 90+% of renewable electricity generation I'm forced to pay the highest spot price in the EU (aka, gas in Germany) because of Germany's decision to burn coal and gas all the way into 2022... The inertia on modernising Germany is starting to bite your neighbours.
> I'm forced to pay the highest spot price in the EU
This isn't true — prices are the same throughout a zone, but Germany and Sweden are not in the same zone. Sweden has several zones. The total possibly export from Sweden to neighbouring countries is not unlimited, which is the reason for the boundaries.
I'm not sure Sweden's at the 90+% mark yet ... and besides, that's not counting energy demand in the transport sector and non power generation applications.
> I live in Sweden with 90+% of renewable electricity generation
Except sweden isn't self sufficient at all with electricity… Can I really say that I'm 100% renewable if I have a tiny solar panel at home, and for the rest I use power from somewhere else?
Same in Norway. We in effect subsidize German poor decision making. And unlike when Greece collapse happened, the voices in Berlin are suspiciously quiet about austerity. Oh well, as long as they learn the lesson…
flakeoil|1 year ago
ctrw|1 year ago
throwaway473825|1 year ago
https://www.ehpa.org/wp-content/uploads/2024/02/Additional-s...
piva00|1 year ago
Symbiote|1 year ago
This isn't true — prices are the same throughout a zone, but Germany and Sweden are not in the same zone. Sweden has several zones. The total possibly export from Sweden to neighbouring countries is not unlimited, which is the reason for the boundaries.
https://www.nordpoolgroup.com/en/the-power-market/Bidding-ar...
defrost|1 year ago
https://www.iea.org/countries/sweden
Renewables: 66.9% share of power generation, 2022
Sweden's wind is projected to grow: https://balticwind.eu/swedens-wind-power-surge-a-positive-ou...
but Sweden's grid demand is also projected to rise: https://www.reuters.com/business/energy/swedish-power-demand...
I'm not sure Sweden's at the 90+% mark yet ... and besides, that's not counting energy demand in the transport sector and non power generation applications.
guappa|1 year ago
Except sweden isn't self sufficient at all with electricity… Can I really say that I'm 100% renewable if I have a tiny solar panel at home, and for the rest I use power from somewhere else?
varjag|1 year ago