Despite the recovery of the economy: electricity consumption in Germany is still in the basement

According to the Corona-the shock is on the German electricity market is primarily a normalization. In wholesale, the price recently increased significantly. In

Despite the recovery of the economy: electricity consumption in Germany is still in the basement

According to the Corona-the shock is on the German electricity market is primarily a normalization. In wholesale, the price recently increased significantly. In June, he noted, according to the Federal network Agency for an average of 2.7 cents per kilowatt-hour. For comparison: From January to April, he had halved to 1.7 cents, and in may, only minimum will increase to 1.8 cents.

Niklas wanted professions

editor in the economy.

F. A. Z.

the downward deflections were last updated less frequently, once there was from February to may 201 hours with negative prices, although the year-on-year level of 211 hours is already reached now. Previously, there were 134 hours (2018), 146 hours (2017), 97 hours (2016), and 126 hours (2015).

At the same time, the price rose in the trade with CO2-certificates this week at 25 Euro. The pre-crisis level is reached again. To acquire for each emitted ton of CO2 a certificate in the EU is mandatory for power plant operators, industry and, in part, to airlines.

shift from coal to Gas

But whoever returns the normalization of the power exchange on a possible normalization of the economy, Despite the easing of the Corona-restrictions on the power consumption in the cellar. The energy Association BDEW estimated him in the plain, holiday-adjusted week average, at 11 percent below the previous year's level.

Since the slump until mid-April, only a light On it accordingly, and given, but no recovery. "Here expresses that in many areas of the industry, the largest consumption sector, the production is still not at a normal level added successfully", as it is stated by the BDEW. Also in the case of Hotels and restaurants, the consumption of sun still below the usual values.

That electricity costs in wholesale, yet again more lies more on the supply side. So, only 17 percent of electricity generation accounted for according to the Figures of the Fraunhofer Institute for Solar energy systems in June to wind power. This is much less than in the past few months – in February, he had even cracked the mark of 45 percent and, for the first half of the year, according to calculations by the think tank Agora Energiewende, particularly wind-rich.

Updated Date: 27 June 2020, 20:20

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