Local pricing could bring electricity costs down, increase supply security in Germany – think tank
Setting up multiple local pricing zones instead of having one big market area could help bring electricity prices down in Germany and increase supply security, according to a report by think tank Agora Energiewende. Under such a local hub system, the majority of households and businesses would benefit from lower electricity prices, with the modelled cost advantage across Germany averaging six euros per megawatt hour in 2023, the report concluded.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
Energy & Utilities Roundup: Market Talk
0944 ET – Oil futures are higher and heading for gains in a week that started with a slump on planned OPEC+ output increases and i…
Oil up over 1%, set for weekly gain on US-China trade talk optimism
Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United Kingd…
Indian solar manufacturing to hit 160 GW of modules, 120 GW of cells by 2030
India is expected to reach 160 GW of solar module capacity and 120 GW of cell capacity by 2030, up from 80 GW and 15 GW respective…
The Hydrogen Stream: Sungrow starts world’s largest dual-tech green hydrogen plant
Sungrow Hydrogen has started production at China’s largest dual-tech green hydrogen project combining PEM and alkaline electrolyze…
French commune harnesses local solar power
The new 300 kWp power plant in the Haute-Loire commune of Rosières, designed with a mounting system made from local wood, is part…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
