German Power Supply Startups Exit Market As Wholesale Prices Soar
Authored by Michael Kern via OilPrice,
Two startup electricity retailers in Germany have recently announced they would cease operations as spiking wholesale prices amid the gas price surge are pressuring the industry again, and this time the pressure is compounded by plans for renewable policy changes.
Renewable electricity provider Grüüün, part of Münch Energie Group, early this month said it would discontinue servicing about 200,000 residential customers as of October 31, 2026, and these will now have to switch to other providers.
Grüüün, which launched operations in 2024, attributed its decision to fold to Germany’s proposed changes to its renewable energy policy, including the upcoming overhaul of the Renewable Energy Sources Act (EEG 2027), the government’s focus on gas-fired power generation, and rising grid charges that have disrupted its long-term pricing structure.
Another startup, Berlin-based Stromee, has also reportedly exited the German retail market after a local utility in western Germany, SWK Energie GmbH, said this week that it had taken over power and gas customers “in the low five-digit range.”
The wholesale power price spikes and the regulatory shifts in Germany have made the sector vulnerable, with market exits reminiscent of the 2022 energy crisis when numerous small providers were forced to fold, Bloomberg notes.
This year, Germany is also facing the start of the winter with historically low levels of gas in storage sites. As of October 15, Germany’s gas storage sites were 60% full, well below the EU average of 74%, according to data by Gas Infrastructure Europe. The EU storage levels are at their lowest since at least 2011, raising concerns that a cold winter could lead to gas shortages.
Thanks to diversified import capabilities, Germany doesn’t face a gas supply shortage despite record-low levels of natural gas in storage sites, one of the biggest German gas importers, VNG, said at the end of last month.
Low stockpiles in Germany’s vast storage, the world’s fourth-largest, have prompted concerns about supply security if the coming winter turns out much colder than previous winters.
Tyler Durden Tue, 10/20/2026 – 05:00
Source: https://freedombunker.com/2026/10/20/german-power-supply-startups-exit-market-as-wholesale-prices-soar/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,835,382,595 |
| Stories: | 8,723,374 |
Whistler Blowers, Insiders
