Why do Germany’s Electricity Prices Keep Falling?
Wind and solar power have surged under Germany’s plan to get as much as 60 percent of its power from renewables by 2035, compared with 28 percent now. The switch is hurting utilities RWE AG and EON SE, the worst performers this year on Germany’s DAX stock index, as margins at their coal and gas-fired plants get squeezed because cheaper green power gets priority to the grid …. http://www.bloomberg.com
Source: http://luismmx.blogspot.com/2015/08/why-do-germanys-electricity-prices-keep.html
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