German power generator pleads for more secure electricity supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 23 2024
0mins
Source: MarketWatch
Energy Crisis in Germany: Markus Krebber, CEO of RWE AG, highlighted the challenges facing Germany's energy sector following a 12-day wind drought that caused electricity prices to soar to €800 MWh on November 6.
Impact of Dunkelflaute: The "Dunkelflaute" phenomenon, characterized by low wind speeds, significantly reduced wind power generation across northern Europe, including the UK and Germany, during early November.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
