“The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal," said IEA executive director Maria van der Hoeven as she presented the report in Berlin alongside German economics state secretary Stefan Kapferer.
So far, German consumers have absorbed the costs of the country’s Energiewende, its transition away from nuclear to a power supply based on renewables, via a renewables surcharge on electricity bills .
But
