Germany’s Green Planners Confident That Growing Wind And Solar Power Will Lead To Even Higher Power Costs

But who cares, right? There’ still Luft nach oben (room for improvement). Germans are only number two when it comes to paying the highest electricity bills in Europe (only the Danes pay more).

Strom

Germans already footing the second-highest electricity bills in Europe may face even higher costs from the country’s decision to exit nuclear power early next decade. While there’s no risk of blackouts, costs could rise if transmission gaps emerge, according to Germany’s Bnetza regulator. Europe’s biggest power market is closing its last atomic plants in 2022 and is counting on a mix of mothballed lignite plants, wind and solar power expansion and grid stability measures to keep outages down…

Consumers this year may pay about 24 billion euros ($26.4 billion) in compulsory clean-energy-support fees, levies that are added directly to power bills.

“The lights will stay on. Yet there are two risks in bridging power gaps, namely redispatch and intervention in the market to drive generation up or down that may be cost factors.”

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