Why do Germany’s Electricity Prices Keep Falling?

  • Wholesale power prices plunged to lowest in 12 years
  • German Utilities RWE and EON worst performers in DAX index

German Onshore Wind Banks

Krisztian Bocsi/Bloomberg

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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