That's the reason why Germany and Denmark have one of the most expensive electricity prices in EU?
That's the reason why Germany and Denmark have one of the most expensive electricity prices in EU?
https://www.euractiv.com/section/energy-environment/news/ber...
It also doesn't help that Germany still uses a lot of gas and coal, the two most expensive common sources of electricity.
https://www.cleanenergywire.org/news/german-economy-minister...
There's a reason Danish and German companies currently dominate the exponentially growing market for wind and offshore wind. They have invested wisely into these sectors over the years. The cost for that is indeed reflected out in energy prices. That's not that different from how the US has subsidized in its energy sector via multi trillion dollar wars to secure access to "cheap" oil, lots of government subsidies flowing to oil companies, etc. Just so it can pretend to have cheap energy. And of course as renewable cost drops, those prices can come down too.
At this point a lot of the price is actually just paying for US LNG imports (production of which is subsidized in the US!) and coal imports. Getting rid of that dependence is indeed becoming more urgent for the Germans.