I’m paying 60x more for power in Toten, Norway because Germany is importing so much electricity from us. It’s a huge annoyance. We never should have allowed connection outside of the peninsula to you moron Germans.
P.S.: if anyone, France is guilty of the current high electricity price in Europe. They are failing behind producing enough electricity for local consumption and consequently drive the sport market price up.
(* terms and conditions apply, grid stability is not guaranteed)
Peak consumption occurs after sunset across Europe, when German photovoltaics generate zero electricity. So what do the Germans do to keep up with the demand? They spin up their extremely polluting coal plants, or buy electricity from their neighbours, forcing them to spin up their peaking plants.
>The same country which is a net exporter can import in some parts of the day.
Yeah, except the time when they want to import is precisely the time when everyone else is experiencing peak demand. Now tell me, what happens in a market when demand increases across the board? The price point moves higher along the demand curve, bravo!