Wirtschaftsdienst (Nov 2022)
Mobilisation of Generation Capacity for the German Electricity Market
Abstract
Abstract The energy crisis is forcing Germany and other EU countries to reconsider and, if necessary, adjust energy policy decisions. New perspectives envisage a rapid expansion of renewable energies in the next few years. In the short term, Germany is considering reactivating coal-fired power plants from the reserve and revising decisions to decommission coal-fired and nuclear power plants in the coming years. This brief study analyses the price effects for the years 2024 and 2027 to shed light on both the short-term challenges and the medium-term prospects.