German industry risks new setback from power pricing overhaul (14.02.2025)
When the weather in Germany is overcast and calm, the windmills and solar plants don’t send any power to the grid. Instead, they send shockwaves through the markets. One such “Dunkelflaute” day in mid-December saw spot power prices climb to more than €900 ($939) per megawatt-hour – nine times above average. That’s even higher than the increases in 2022, when the nation lost access to Russian pipeline gas after the invasion of Ukraine.