If you are asking yourself why prices in Germany are so high: It's mostly the price surge of natural gas after Russia cut off deliveries in retaliation to sanctions in the wake of the war against Ukraine. About 50% of the price per kw/h in Germany is set by an auction system. Electricity providers are bidding at any given point in time to provide energy for the grid. The lowest price per kw/h wins. BUT: because no on…
No, the main reason is Germany shutting down nuclear power plants and replacing them with fossil fuels. I know that lots of people will argue that wind and solar will lower electricity prices, but since these don’t provide reliable baseload, Germany needs to have lots of fossile power plants in standby. These doubled structures make the whole system inefficient and expensive.
[1]: https://reddit.com/r/uninsurable/comments/12agamh/german_ele... [2]: https://reddit.com/r/uninsurable/comments/12dtygj/comparison... [3]: https://reddit.com/r/uninsurable/comments/12afq01/germany_ke...