Wholesale prices:
- Germany ~€0.089/kWh - Factor 2.94 to consumer Price
- France ~€0.061/kWh - Factor 2.92 to consumer price
- Spain. ~€0.065/kWh - Factor 2.82 to consumer price
The reason seems to be that this price is driven by the tech that is used to fill the gaps what demand is high.
And coal/gas make this expensive.
- Germany needs a lot of coal/gas at some times
- France has nuclear so less coal/gas is needed
- Spain just has a lot of renewables and needs way less coal/gas to compensate
So France is better off because of nuclear... But Spain is doing nearly as well with renewables.
Wholesale prices:
- Germany ~€0.089/kWh - Factor 2.94 to consumer Price
- France ~€0.061/kWh - Factor 2.92 to consumer price
- Spain. ~€0.065/kWh - Factor 2.82 to consumer price
The reason seems to be that this price is driven by the tech that is used to fill the gaps what demand is high.
And coal/gas make this expensive.
- Germany needs a lot of coal/gas at some times
- France has nuclear so less coal/gas is needed
- Spain just has a lot of renewables and needs way less coal/gas to compensate
So France is better off because of nuclear... But Spain is doing nearly as well with renewables.