💡 Revised Electricity Generation Report 🔌
Third-quarter electricity stats paint a different picture
Wow, you wouldn't believe the electricity statistics announced on Wednesday! This quarter saw a jaw-dropping total of 94.2 billion kilowatt-hours (kWh) generated and fed into the grid, from July to September. Unfortunately, there was a significant drop of 20.3% compared to the same period last year. The weak economy has its fingers all over this, as energy-intensive industries slashed consumption.
Traditional energy sources like coal, natural gas, and nuclear power felt the chop too. Their production fell by a staggering 42.9%, accounting for only 39.8% of the total output. Compared to last year's 55.6%, this is quite the dive.
Coal-fired power stations saw a significant drop of 47.3%, bringing their share down to 23.9%. Nuclear energy took a hard hit following the closure of the last nuclear power plants in April, plummeting to zero. Interestingly, we saw a 9.2% boost in electricity generation from natural gas in the third quarter compared to last year, making up 12.7% of the total input.
With wind energy being the leading source of domestic electricity generation in this quarter, it saw a 16.2% year-on-year increase. Its share now makes up 24.4% of all electricity generated, while photovoltaics (PV) saw a 6.6% annual increase and now account for 21.5% of the mix.
Rewind and Recharge 🕰️
The third quarter brought about a considerable power trade surplus with overseas countries, as opposed to the export surplus witnessed in the year prior. The imports shot up by an astounding 78.6% to a whopping 23.1 billion kWh volume. Top countries importing from Germany included Denmark, France, the Netherlands, Norway, Austria, and Switzerland. Concurrently, exports dropped by 38.2% to 9.9 billion kWh.
Facts and Figures 📈
- Germany's wind power, once a powerhouse, experienced its longest dip in output since early 2021, with reduced wind speeds causing a 22% decline in output during the last quarter.
- The struggling energy market and grid stability issues, including augmented reliance on fossil fuels and power imports amidst tight supply chain disruptions, force Germany to stay receptive to international energy policies.
Originally sourced from 📈
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