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OKIsItJustMe

(20,994 posts)
25. Electricity prices in Germany rose because of fossil fuel prices (not renewables as you imply)
Sat Nov 9, 2024, 08:00 PM
Nov 9
https://www.cleanenergywire.org/factsheets/what-german-households-pay-electricity


Electricity price components

The energy crisis that threw European energy markets in turmoil in 2022 has caused wholesale power prices in Germany to spike, reaching unprecedented levels throughout the year. Prices began to tick upward by the end of 2021 due to rising demand globally, as more countries emerged from the Covid-19 pandemic. The crisis then intensified as a result of Russia’s war on Ukraine. The ensuing trade conflict between Russia and other European nations led to a shortage of fossil fuels in the EU, causing prices for electricity to shoot up - especially in Germany, where gas plants still account for a substantial part of electricity generation. Moreover, prices for CO2 emissions allowances in the European trading system (ETS) more than tripled between 2020 and 2022, putting further pressure on electricity costs.

Households in Germany on average paid 40.07 cents per kilowatt hour (kWh) in the second half of 2022, compared to 32.16 ct/kWh in the previous year. The increase was mostly caused by higher procurement and retailing costs for electricity, which according to the German Association of Energy and Water Industries (BDEW) rose by 160 percent compared with 2021. At the same time, the price increase for households was dampened by the abolition of Germany’s renewable energy levy, which stood at 3.72 ct/kWh, before being eliminated in mid-2022.

The average household with an annual electricity consumption of 3,500 kWh was charged 116.86 euros per month in the second half of 2022, the BDEW said. In nominal terms, this corresponds to a total price increase of 134 percent compared to 1998, when the internal European energy market was introduced. However, the real terms increase, which is calculated by adjusting the price increase for inflation, has been considerably lower. Compared to the year before, electricity prices in December 2022 were 37 percent higher, comparison website Check24 found.

The share of politically determined components, such as taxes, levies, and surcharges dropped significantly as a result of the crisis, from more than 50 percent in 2021 to 28.3 percent in the second half of 2022. At the same time, the share of acquisition and retailing costs grew to over 51 percent. Grid fees accounted for more than 20 percent of the price, including metering and associated services. The fees can vary considerably between individual regions, depending on the capcity of the local grid, population density and necessary load management in the region to keep the grid stable.

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There is one good thing about wind energy and gay texan Nov 6 #1
Eric Idle on the cross. NNadir Nov 7 #4
Energy.gov U.S. Department of Energy Projects Strong Growth in U.S. Wind Power Sector OKIsItJustMe Nov 6 #2
I've been on DU for almost 22 years. If printed, I could fill a large box with all the soothsaying I've heard... NNadir Nov 7 #5
Non sequitur OKIsItJustMe Nov 7 #6
22 Years ago, you were a true believer in Nuclear Power OKIsItJustMe Nov 7 #7
Thank you for claiming that you know better than I do what I was thinking 22 years ago. NNadir Nov 7 #8
For 22 years, you've discounted anything and everything which was not nuclear fission. OKIsItJustMe Nov 7 #9
It's amusing to hear that there are people... NNadir Nov 8 #10
"Cult Thinking" OKIsItJustMe Nov 8 #11
There are no number times that idiotic videos purportedly about myths can be posted that can make 8 + 8 equal 30. NNadir Nov 8 #12
IEA: World Energy Outlook 2024 - Pathways for the energy mix OKIsItJustMe Nov 9 #16
One can look at Table A.1.a on page 296 of the 2024 WEO to see how electricity is generated on this planet. NNadir Nov 9 #17
IEA: Solar and wind to lead growth of U.S. power generation for the next two years OKIsItJustMe Nov 9 #19
Oh wow. More soothsaying. The unit of energy, as people should learn in high school, is the Joule, not the Watt. NNadir Nov 10 #26
More nonsense OKIsItJustMe Nov 11 #27
Really, the claim that the Watt is not a unit of energy is nonsense? NNadir Nov 11 #28
Global renewables: Pioneering the energy transition DW Documentary OKIsItJustMe Nov 6 #3
The "Energy Transition" is a fucking lie; it doesn't exist, and delusional videos can't make it exist. NNadir Nov 9 #13
As I have said from the beginning of my time on DU Finishline42 Nov 9 #14
Yes, I know very well what apologists for the German burning of coal in 2024 say. I hear it all the time. NNadir Nov 9 #15
Eurostat: Renewables take the lead in power generation in 2023 OKIsItJustMe Nov 9 #20
IEA: CO2 emissions per capita in Germany OKIsItJustMe Nov 9 #21
Wow!!!! We're saved!!!! Germany leads the world!!!!! Who cares if they're burning coal???? It's GREEN coal afterall. NNadir Nov 9 #22
"It's all ... bullshit with no connection to the reality, typical of the type, delusional and quite toxic." OKIsItJustMe Nov 9 #23
The reality is, reported with references, that Germany is deindustrializing because of high energy prices. NNadir Nov 9 #24
Electricity prices in Germany rose because of fossil fuel prices (not renewables as you imply) OKIsItJustMe Nov 9 #25
'Wind and solar overtook fossil fuels' - ? John ONeill Nov 9 #18
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