Local pricing could bring electricity costs down, increase supply security in Germany – think tank
Setting up multiple local pricing zones instead of having one big market area could help bring electricity prices down in Germany and increase supply security, according to a report by think tank Agora Energiewende. Under such a local hub system, the majority of households and businesses would benefit from lower electricity prices, with the modelled cost advantage across Germany averaging six euros per megawatt hour in 2023, the report concluded.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
Hydrogen Fuel Cell Buses in Europe: Promise, Progress, and Persistent Challenges
Hydrogen fuel cell buses are hitting the streets across dozens of European cities, fueled by bold climate goals and a flood of pub…
‘It’s clearly for pumped hydro’: UK BESS owner-operators turn against LDES cap and floor
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-d…
Japan: 1.3GW of battery storage contract awards in LTDA capacity auction
A total of 26 battery energy storage projects in Japan have been selected for contracts through the Long-Term Decarbonisation Powe…
How to integrate solar-plus-storage with heat pumps
Scientists in Spain have simulated a system that uses both power-to-heat-to-power thermal batteries and lithium-ion batteries for…
US residential solar hits record low of $2.50/W, says EnergySage
US residential solar prices fell to a record low of $2.50 per watt in the second half of 2024, said EnergySage. The marketplace op…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
