Germany Faces Energy Crisis During 'Dunkelflaute' as Power Prices Surge
Low renewable energy output, high electricity costs, and reliance on imports highlight challenges in Germany's energy transition.
- Germany's electricity generation fell short by up to 30% during the 'Dunkelflaute,' a period of low wind and solar energy output, necessitating significant power imports.
- Electricity prices spiked to 936 euros per megawatt-hour, ten times the usual rate, severely impacting businesses with variable energy contracts.
- Critics allege some fossil fuel power plants operated below capacity to inflate prices, prompting an investigation by the Federal Network Agency.
- Neighboring countries like Sweden and Norway expressed frustration over increased electricity exports to Germany, which they say raised their domestic energy costs.
- Germany's energy mix during this period was heavily reliant on fossil fuels, resulting in a CO2 output of 500 grams per kilowatt-hour, among the highest in Europe.