UK to fund poorer EU countries in new Brexit deal
Britain has agreed to pay into European Union development schemes as the price for rejoining the bloc’s electricity market, according to a draft text seen by The Telegraph...
In exchange, British energy companies will be allowed to trade freely in the EU’s single market for electricity.
Electricity prices could double despite mild winter – dark doldrums threaten price shock
Electricity prices in Germany could more than double in January 2027, even with a mild winter. Energy analysts warn of a drastic price increase because high gas prices and low storage levels make electricity generation more expensive. Especially in the event of a prolonged dark doldrums, gas-fired power plants have to take over a large part of the electricity supply. In extreme cold and weak winds, experts therefore consider average exchange prices of up to 260 euros per megawatt hour to be possible. Industrial companies are threatened with considerable additional costs, while consumers must also expect higher electricity tariffs with a time lag.
