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Keyword: inconsistentenergy

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  • Germany’s Gas Use and Power Prices Jump Amid Weak Wind Generation

    12/13/2024 5:48:31 AM PST · by george76 · 24 replies
    Oil price ^ | Dec 11, 2024, | Tsvetana Paraskova -
    Intraday power prices in Germany jumped and natural gas-fired electricity generation rose to a two-year high this week as low wind speeds continue to depress wind power output. Natural gas use for power generation rose on Wednesday to its highest level since December 2022, as a wider power supply gap had to be filled by fossil fuels amid very weak wind power generation. ... Germany’s power margin, the available electricity supply to meet demand, has dropped this week to the lowest level so far this winter, as low wind speeds and colder weather are straining the power system. This week,...