Earlier quoted context omitted.
The price of a commodity is equal to the highest of the lowest cost producers that can satisfy demand. Germany cannot satisfy demand with cheap renewables, so the marginal producer is expensive gas & nuclear. German electricity is expensive because gas is expensive in Germany. Electricity will be expensive in Germany until Germany completely stops using gas shipped in via container ship.
You got it right there Germany can’t satisfy demand with renewables and decided to cut itself of from coal and nuclear, brilliant right!? Cherry on top some powerful player blew up Nordstream forcing Germany to buy exorbitantly expensive LNG. Your argument to stop using LNG doesn’t work if you have many parts of industry build with gas infrastructure which can’t be replaced just like that.
German wholesale electricity prices are relatively low by European standards - so far this year about 8th cheapest - about 13% cheaper than of France, for example[1]. This reflects the blended cost of production. Household prices are higher than average - because domestic consumption of electricity is taxed more heavily in Germany than the average in Europe.
[0] https://oec.world/en/profile/hs/electrical-energy [1] https://ember-climate.org/data-catalogue/european-wholesale-...