Sun-drenched and zephyr-kissed, Spain occupies a corner of Europe that is ideal for solar and wind power. After an initial surge of investment in renewables, the flaws of the government’s energy policy became evident, and the authorities slammed the brakes on investment. There are signs that they may now be relenting.
How is electricity bought and sold? In Germany, there are different rules for industrial and private consumers.
Merit order indicates the order in which power is bought from power plants on the market. The merit order means that the most expensive plants currently producing determines the price of power on the power exchange.
The terms “kilowatt” and kilowatt-hour are commonly confused, but the terms refer to completely different things.