Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk management, emerging market economic development, and market risk assessment. His… That means consumers are being paid to use the power, rather than the other way around. This isn’t even the first time this has happened. According to one of Europe’s largest electricity trading exchanges (the EPEX Spot), it has happened more than 100 times in 2017. All of this would seem to bode well for German households, long regarded as operating under the highest energy prices on the continent. Well, not quite. But someone else is getting paid. And the whole matter has crucial implications for where the energy industry is going next… Given the heavy amount of taxes and fees charged for power, the wholesale cost factors in only about 20 percent of the real price charged to the average residence. That means […]