Energy Newsletter

Spot gas prices in Germany have risen above €60/MWh, making them six times higher than US levels. The price increase from €28 (Jan) to €69 (March 2026) threatens Europe's economic stability and forces energy suppliers to return to coal. In the long term, higher electricity prices and deindustrialization pose a threat.

Amprion CEO warns that Germany's extra-high voltage grid has reached maximum capacity. Despite Ultranet and SuedLink expansion by 2028, redispatch costs and power outage risks threaten. Transmission system operators increasingly rely on French nuclear power for grid stability.

Germany's Energy Minister Katherina Reiche (formerly E.ON employee) acknowledges that nuclear phase-out was a mistake and worsened gas dependency. The statement confirms lobbying allegations against energy corporations and reveals political capacity to act on escalating supply risks.

Leaked lobbying documents show that RWE deliberately slows renewable energy and wants to exclude battery storage to push through more expensive gas infrastructure. This directly conflicts with German climate goals and reveals conflicts of interest in energy management.

After 25 years of green energy transition, Germany pays the highest electricity prices (38ct/kWh for private consumers) but produces 10x more CO2 than France in electricity generation. McKinsey report confirms that electricity prices remain structurally high and subsidies (€29.5 billion in 2026) are no solution.