German wholesale power prices fall while natural gas prices surge
Verivox
Wholesale power prices in Germany fell by four percent in 2017, price comparison website Verivox says in a press release. Prices at the electricity exchange EEX fell to 31.3 euros per megawatt hour (MWh), compared to 32.6 eur/MWh in the year before, Verivox says. “Apart from wholesale power prices, we also observe lower grid fees in certain regions. This is coupled with a lower level of taxes, surcharges, and levies,” says Christian Buske of Verivox. By contrast, prices for natural gas surged by 24 percent, from 14.0 eur/MWh in 2016 to 17.4 eur/MWh in the following year, the price comparison service adds.
Find the press release in German here.
See the CLEW factsheet Industrial power prices and the Energiewende for more information
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