German power market sees high import reliance and price gaps in week 34 of 2026
During week 34 of 2026 Germany imported electricity continuously, with prices staying around €150-€200 per MWh and significant price differentials exploited by market participants.
In the 34th analysis week of 2026 Germany imported electricity continuously, except for a two-hour window on Monday, and market prices remained in the €150-€200 per MWh range rather than dropping to the zero-MWh line at midday. This environment made day-time electricity sales to Germany attractive. Renewable output was low on Friday, with the minimum price of €135/MWh recorded at noon and a high of €204/MWh at 19:00, creating a narrow but exploitable price gap for many traders.
Over the weekend, wind generation increased and solar output was strong enough to exceed domestic demand, leading to low midday prices and higher evening purchase costs. Countries including Poland, Norway, Czechia and Denmark captured most of the profit from these price differentials. The analysis, based on data from Agora Energiewende, smard.de and Energy-Charts, also notes that despite extensive renewable capacity expansion, substantial fossil-fuel imports and insufficient battery storage continue to be required.
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