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Politics
Germany: Market manipulation in the dark doldrums?

In mid-December, the emergency power plants in Germany failed to start up in the middle of the dark doldrums. Critics of German energy policy suspect market manipulation.

1/28/2025

In mid-December, there was a so-called dark doldrums in Germany: due to the weather, wind and solar power plants hardly supplied any electricity. However, coal and gas-fired power plants did not compensate for the shortfall.As a result, prices on the energy exchange exploded. How did this happen? Around half of the coal-fired power plants did not…

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