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
China’s XYZ launches 261 kWh immersion-cooled commercial battery
Immersion-cooled batteries submerge cells in a special liquid as a fire-protection measure, as XYZ executive Zha Qing explained to…
Energy Vault, Jupiter Power expand partnership with 200 MWh battery project in ERCOT
Energy Vault has continued to be active in the battery energy storage system (BESS) space, with more demand in Texas.
IEEFA: Solar revolution now extends to batteries in Pakistan, with rapid ROI
Falling solar and battery costs – and rising grid electricity prices – are driving a boom in small-scale battery energy storage sy…
Enlight hybridises Spain’s largest wind power plant with Solar PV, BESS retrofits
Independent power producer (IPP) Enlight Renewable Energy is expanding its Gecama Wind Project in Castilla-La Mancha, Spain, by in…
California Energy Commission public information meeting for Engie BESS project draws huge interest
The public engagement phase of permitting for Engie’s Compass Energy Storage project is well underway, after the California Energy…
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.