Easter package: Electricity will become even more expensive

The share of renewables in electricity generation in Germany is to be at least 80 percent in 2030. This is a central promise of the so-called Easter Package presented by Economics Minister Robert Habeck. GES has done the math and concludes that the target cannot be achieved. Unfortunately, there are considerable gaps in the paper from the Federal Ministry of Economics. These include information on the necessary expansion of gas-fired power plants (to smooth out the volatility of renewables) and the use of electrolysers (for the production of hydrogen). If the announcements are to be kept, there is only one conclusion based on our calculation: electricity will once again become considerably more expensive in Germany.

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