German household electricity prices hit a new record high in 2021… Green electricity market share falls! – Is it good?

From NoTricksZone

Via P Gosselin above 11. January 2022

The German Energy and Water Management Association (BDEW) recently presented the latest 2021 Annual report on energy supply as a PowerPoint presentation.

New record high electricity prices

In the presentation, slide number. 55 describes the average household electricity cost in euros per kilowatt hour, for a house that consumes 3500 kWh annually.

Electricity price [euro-cents] per kWh for the average German household. The source: BDEW.

2021 sees record prices for households: 32.16 euros-cents per kilowatt-hour. This is the sixth year in a row there has been an increase. Electricity prices in 2021 will be twice as high as 20 years ago. Much of the price increase over the past two decades has been the result of EEG renewable energy supply.

Green electricity rate reduced from 46% to 42%!

Slide 36 shows two pie charts comparing the share of electricity coming from renewables for 2021 and 2020:

Only 42% of Germany’s electricity will be generated with green energy by 2021. Source: BDEW .

Green electricity rate to decrease in 2021

It’s been a bad year for electricity generated from renewables like wind and solar. The chart above shows that the share of electricity generated by green energy has decreased from 46% in 2020 to 42% in 2021. Again, the majority of electricity is generated from conventional sources of coal, nuclear and other fossil fuels.

The year 2021 is also the first time in 22 years that total electricity production using green energy has decreased. In 2021, only 238 billion kWh of energy will be produced compared to 250 billion kWh in 2020. In 2019, 241 billion kWh were produced.

Unstable power grid

However, this has not stopped Germany from proceeding at full speed to close a large number of traditional factories in the coming years in an effort to go green. Experts are increasingly warning that Europe’s power grid is becoming increasingly unstable and that major power outages are inevitable.

Massive blackout in Berlin

Just two days ago, 90,000 households in Berlin without electricity and heating for about 30 hours. The hot water supply was also interrupted.