[p2detar]

Well, I like the guy but compare the electricity prices in Germany to other European states, and also to China and the US. It’s about $0.15 kWh in the US vs $0.40 kWh in Germany. I personally think this is absolutely insane, but I don’t blame Habeck but the poor renewables transition execution in Germany. It is currently a failure in terms of electricity consumer prices.

Edit: I just rechecked China and wow! $0.08 per kWh. Can anyone confirm?

https://www.china-briefing.com/news/chinas-industrial-power-...

[infinet]

> Edit: I just rechecked China and wow! $0.08 per kWh. Can anyone confirm?

Yes, it is in the ballpark of $0.08/kWh. It varies a little bit across regions. Also in some places the price is only half during the night. But as you consume more power, you may see the price rise to $0.12/kWh.

In 2024, cost of renewable + storage was 0.52-0.88 CNY/kWh($0.08-$0.12). Advancement in storage is expected to drive that cost down by more than 50%.

[MarvinYork]

Interesting watch: https://www.youtube.com/watch?v=gWR_7K6UIkE

[tfourb]

The average wholesale price for electricity in 2024 was close to 0.09 €/kwh.

The consumer price is about 0.3 €/kwh currently, depending on the deals you are getting. The difference between wholesale and consumer price is made up of transmission costs, taxes and markups of various middlemen.

Shutting down nuclear power had 0 impact on electricity prices, as wholesale prices are set by the most expensive producer needed to satisfy demand. That is usually a natural gas turbine. All producers get paid the rate that this marginal producer demands.

[twixfel]

That doesn’t really ring remotely true.

[tfourb]

What doesn't? You can check all of this with a simple web search.

[twixfel]

That reducing supply (shutting down nuclear) had no impact on electricity prices. Doesn't ring true. Simple google search you recommended confirms it.

[Asmod4n]

I got a “expensive” renewable only energy plan and it’s 31,4 cents per kilowatt hour in Germany. Conventional ones should be cheaper. So no idea where you got 40 cents from.

[wongarsu]

Even if power plants magically worked for free and all schemes for cross-financing renewables were cancelled, German electricity prices would still be $0.19/kWh (€0.16), using the numbers from [1]. The German electricity network is great and very reliable, but also very expensive

1: https://strom-report.com/strompreis-zusammensetzung/