Germany to accelerate power market reform, minister says

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Germany will do most of the work this year to prepare its power market for greater reliance on renewable supplies by the end of the decade, Economy Minister Robert Habeck said on Monday.

Habeck aims to overhaul the 550 terawatt hours a year market as demand increases and production shifts to more intermittent sources as Europe's biggest economy moves away from fossil fuels under its climate commitments.

"We will do most of the necessary work in 2023," he said at a consultation meeting on power market reform. Berlin's goal is to generate 80% of electricity from wind and the sun by 2030, a target that has become more pressing since the drop in Russian fossil fuel exports to Germany last year. To back up swings in green power as more reliable nuclear and coal production is phased out, the government will prepare tenders for gas-fired power capacity, Habeck said.

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they don't even have enough power to shave

Wow, finally they're getting around to it. 🙄

😱 please save us from this government. Wishful thinking is not idealism. It is self-indulgence at best and self-exaltation at worst. In either case, it is usually at the expense of others. In other words, it is the opposite of idealism. Thomas Sowell

'Creating alternative baseload will be a specific challenge,' the minister said. 'In a way, it will be like teaching an elephant how to dance.' So, to make the dance possible, the average German will suffer.

Doubling down on stupid. 80% solar and wind? All through developing nonexistent hydrogen power plants? Interesting that the writer of this article documents that nuclear power is more stable and reliable than wind, solar or hydrogen. Germany does not care about electricity prices

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