2. April 2026 · 06:33 Uhr
Spot gas prices in Germany have risen above €60/MWh – six times higher than in the USA. The war in Iran and weak wind production are driving prices and electricity costs upward, putting pressure on German industry and inflation (2.7% March 2026).
In the first quarter of 2026, renewable energy is covering over half of German electricity consumption (53%) for the first time. This milestone demonstrates progress in the energy transition, but is tempered by market distortions and the gas price dilemma.
The ECJ rejected nine appeals from municipal energy suppliers and confirmed the release of the energy sector acquisition EVH/enercity/E.ON/RWE. This solidifies the market position of the Big Four utilities and reduces competition in the German electricity market.
The transmission system operators are building Ultranet (completed end of 2026) and A-Nord (2027) to distribute load and reduce costs. France's nuclear power plants are becoming increasingly system-critical for German grid stability – a new import dependency is emerging.
EnBW expects stable profits in 2026 despite nuclear phase-out losses; RWE CEO Krebber warns of investment gaps due to political uncertainty. The lack of planning security jeopardizes expansion targets – biomass and energy storage skilled workers are bottlenecks.
In 2026, Germany is facing a critical dual crisis: while the energy transition is showing success in electricity share (53% renewable), gas prices and import dependencies are becoming an existential threat to industry and inflation. Market concentration among E.ON/RWE/EnBW/Vattenfall is reducing competition, while French nuclear power becomes indispensable. In terms of security policy, the war in Iran (price increases) and weak wind energy reveal vulnerabilities – without massive grid investments and storage expansion by 2027, a new supply crisis with geopolitical consequences looms.
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