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by hnbad 615 days ago
FWIW there was a huge surge in energy costs following the war in Ukraine (due to the reduction in supply of Russian gas) which was dampened by the government with a subsidized price cap at 0.40€/kWh - for consumers anyway, as far as I'm aware there were different subsidies for industry.

But consumer prices have largely stabilized at a range of 0.25€ - 0.35€ although you'll also find some prices listed as low as 0.20€ or less if you are willing to price hop a lot.

Apparently there will also be price cuts in the North and East of Germany as well as Bavaria in the near future but I don't know the specifics of that.

1 comments

> FWIW there was a huge surge in energy costs following the war in Ukraine (due to the reduction in supply of Russian gas)

And due to the fact that they decided to shut down the last nuclear power plants directly after that, which further reduced supply and until today I consider this one of the most stupid political decisions ever made.

I think the 4.1 percent that nuclear was providing was not having the impact you are assuming. Also the amount of energy produced by natural gas and renewables more than offset the cost of nuclear.

https://www.cleanenergywire.org/factsheets/germanys-energy-c...