Germany Faces 'Dunkelflaute' Energy Crisis as Renewable Output Plummets
A rare combination of low wind and solar output drives record electricity prices and raises concerns over energy stability.
- The German government has acknowledged a 'Dunkelflaute,' a period of simultaneous low wind and solar energy production, which has led to unprecedented electricity price spikes.
- Electricity prices reached a record 936 euros per megawatt-hour last week, with neighboring countries like Sweden and Norway also impacted by rising costs due to increased exports to Germany.
- Authorities are investigating potential market manipulation by energy providers, as some fossil fuel plants reportedly remained inactive despite being operational.
- Experts highlight the urgent need for energy storage solutions, such as hydrogen infrastructure, to address the growing challenges of renewable energy fluctuations.
- Critics argue that delays in flexible power plant development and the planned coal phase-out by 2030 could exacerbate future energy shortages during similar events.