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Storm-Driven Wind Pushes German Power Prices to Zero for a Day

Most consumers missed the bargain because retail fees dominate bills, leaving few with the meters needed to shift usage.

Overview

  • EEX day-ahead prices for October 4 hovered around or below €0/MWh as a bomb cyclone boosted wind output and demand stayed unusually low.
  • Households on dynamic tariffs averaged −0.03 cent per kilowatt-hour that day, yet taxes, levies and grid charges meant bills were far from free.
  • Prices still peaked near 3 cents at 17:00 as evening demand rose, underscoring the need to shift usage to low-price hours.
  • Germany requires major suppliers to offer dynamic pricing from 2025, but smart meters are scarce—about 2% of households had them at end‑2024—limiting access to quarter‑hour pricing benefits.
  • Analysts highlight strong savings for flexible users such as EV and heat-pump owners, while Finland’s ~99% smart‑meter coverage is cited as a model with roughly 40% lower household prices.