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CommodityOilPrice.com

Germany’s Renewable Power Reform Sparks Investment Backlash

The German electricity market has faced a double whammy this year—soaring wholesale prices amid the energy crisis and a planned reform in the renewable energy and grid access policies. Some small suppliers and start-ups relying on short-term electricity prices have exited the market amid day-ahead power prices surging by 50% in the third quarter from a year earlier. Moreover, the German…

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