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German Electricity Prices to Range from Near Zero to Nearly 400 Euros per Megawatt-Hour on Thursday
Power prices in Germany are forecast to drop close to zero at noon on Thursday before rising sharply to nearly 400 euros per megawatt-hour by evening. The change follows the daily pattern of solar generation.
May 28, 7:39 AM·1m read1 source
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German electricity prices are expected to move sharply on Thursday. Trading is projected to fall close to zero at noon before climbing to nearly 400 euros per megawatt-hour in the evening. The price increase coincides with the decline of solar generation after peak daylight hours.
The pattern reflects the daily cycle of renewable output in the German power market. No additional policy measures or market interventions were reported in connection with the expected price movement.
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