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by tfourb 254 days ago
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.

1 comments

That doesn’t really ring remotely true.
What doesn't? You can check all of this with a simple web search.
That reducing supply (shutting down nuclear) had no impact on electricity prices. Doesn't ring true. Simple google search you recommended confirms it.