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Storm-Driven Wind Pushes German Day-Ahead Power Prices Below Zero

Most households will not see bill relief due to taxes, grid fees, limited access to dynamic tariffs.

Overview

  • Germany’s weather service warned of near-hurricane-force gusts as a large storm swept the country, lifting wind power output.
  • The EEX day-ahead market priced much of October 4 at or below €0 per MWh, averaging −0.03 cent per kWh for flexible consumption with a 17:00 peak near 3 cents.
  • Reporting attributed the plunge to strong wind generation and reduced Saturday demand after a public holiday, with usage expected to rise in the evening.
  • Only customers with smart meters on dynamic tariffs can benefit, and their bills still include taxes and network charges, typically around 15–20 cents per kWh versus roughly 35 cents for standard plans.
  • Households with shiftable loads such as EVs or home batteries were urged to charge during the low-price window, with cited estimates indicating up to €300 in annual savings for EV drivers on dynamic rates.