Why do Germany’s Electricity Prices Keep Falling?By
Wholesale power prices plunged to lowest in 12 years
German Utilities RWE and EON worst performers in DAX index
Chancellor Angela Merkel cemented Germany’s shift toward an economy powered by renewable energy in 2010 with her “Energiewende” plan. One result has been a seemingly unstoppable decline in wholesale electricity prices, which tumbled to a 12-year low on Monday.
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