Germany's May Electricity Prices Surge to Four Times that of France. [View all]
Germany's May Power Prices Surge to Four Times French Levels.
Published in:Bloomberg.com, 3/31/2026,Business Source Premier
By: Brendel, Eva
This represents forward pricing. The Germans may reopen some of there closed coal plants, another victory for antinuke contempt for the environment, and their barely disguised support for fossil fuels.
The article itself is behind a paywall, but I have access to the text. An excerpt:
(Bloomberg) -- German power prices for May are now trading at roughly four times the level in France, a record multiple as the disruption to natural gas supplies from the Iran war amplifies longstanding differences between the two markets.
France's electricity comes mostly from nuclear and some renewables, ensuring relatively stable, low-cost supply. Germany gets a greater share of its power from renewables, but shut its reactors in 2023, making it more dependent on fossil fuels.
On evenings in Germany when wind or solar output is low, coal- or gas-fired power must fill the supply gap, pushing up the country's power prices.
The structural divergence began years ago, but the war in the Middle East has taken it to a new level, said Yiannis Papamikrouleas, head of trading at DEPA Commercial SA. "The trend was already in place. The current geopolitical premium is accelerating and amplifying it."
Utilities in Germany have sought to limit the impact of the war on energy costs by shifting generation from imported gas to coal as gas prices surged. However, the scope for such changes is limited, as a significant number of coal plants have already been closed under the country's phase-out policy.
The government is considering bringing some coal plants back from its reserve or even reactivating decommissioned units to mitigate the problem...
Coal plants kill people whenever they operate normally by increasing air pollution and climate related deaths.
I'd offer congrats to the antinuke community for their success in supporting of fossil fuels, but I oppose fossil fuels. Their victory for fossil fuels is a defeat for me and for all
serious environmentalists.
I'm sure an antinuke fossil fuel supporter greenwashing them as "hydrogen" can come with a gaslighting "study" that "proves" that reality is not reality, but actually, the destruction of the planetary atmosphere is independent of propaganda.
Have a nice afternoon.