Lower Wind Generation in Germany Raises European Power Prices ...Middle East

OILPRICE - Economy
Lower Wind Generation in Germany Raises European Power Prices
source : OILPRICE ( Middle East ) () 70
Germany has been experiencing lower-than-normal winds for four months, which have reduced wind power generation, boosting electricity prices and the reliance on fossil fuels. The German predicament, where wind speeds have been below average for extended periods of time since October 2024, is affecting regional prices as Germany’s utilities are also raising electricity imports from neighboring countries. At the end of last year, wind speeds in Germany slumped in the so-called ‘Dunkelflaute’ period in which there is a lull in wind…

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