Renewables
German Power Supply Startups Exit Market as Wholesale Prices Soar
CEII brief
OilPrice.com reported on 16 Oct 2026: German Power Supply Startups Exit Market as Wholesale Prices Soar.
Read the full story on OilPrice.comTwo 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.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
39.8% of electricity in Germany was renewable in 2021Countries in this story
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