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    Home > Chemicals Industry > International Chemical > By 2023, Germany may experience an imbalance between supply and demand of traditional electricity

    By 2023, Germany may experience an imbalance between supply and demand of traditional electricity

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    German power companies have seen a potential gap between supply and demand for conventional electricity in the early 2020s, urging policymakers to help your investors plan
    better by rewarding conventional power and accelerating grid expansion.

    By 2023, Germany may experience an imbalance between supply and demand of traditional electricity

    "The existing overcapacity problem will not completely disappear in just a few years, and more worryingly, there may be a shortage
    of power capacity by 2023.
    " Stefan Kapferer, executive director of the German Energy and Water Economics Association BDEW, said
    .

    Germany, Europe's largest economy, could retire 18,600 megawatts of power capacity by 2023, but could add 4,400 megawatts by 2023
    , BDEW said.

    While traditional fossil fuel capacity may have fallen to 75,300 megawatts so far, energy regulators are assuming that maximum electricity demand could reach 81,800 megawatts
    .
    Since electricity cannot be stored to the maximum, there is a risk problem
    .

    BDEW stressed that it is impossible to imagine the collapse
    of the power system.
    Germany's renewable energy capacity has reached around
    100,000 megawatts.
    The problem, however, is that while 100% of electricity demand can be met under favorable weather conditions, there will be no green power
    once the weather is unfavorable.


    German power companies have seen a potential gap between supply and demand for conventional electricity in the early 2020s, urging policymakers to help your investors plan
    better by rewarding conventional power and accelerating grid expansion.

    Electricity supply and demand

    By 2023, Germany may experience an imbalance between supply and demand of traditional electricity

    By 2023, Germany may experience an imbalance between supply and demand of traditional electricity

    "The existing overcapacity problem will not completely disappear in just a few years, and more worryingly, there may be a shortage
    of power capacity by 2023.
    " Stefan Kapferer, executive director of the German Energy and Water Economics Association BDEW, said
    .

    Germany, Europe's largest economy, could retire 18,600 megawatts of power capacity by 2023, but could add 4,400 megawatts by 2023
    , BDEW said.

    While traditional fossil fuel capacity may have fallen to 75,300 megawatts so far, energy regulators are assuming that maximum electricity demand could reach 81,800 megawatts
    .
    Since electricity cannot be stored to the maximum, there is a risk problem
    .

    BDEW stressed that it is impossible to imagine the collapse
    of the power system.
    Germany's renewable energy capacity has reached around
    100,000 megawatts.
    The problem, however, is that while 100% of electricity demand can be met under favorable weather conditions, there will be no green power
    once the weather is unfavorable.

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