Power exports: Germany achieves record income in 2013

In 2013, the German power sector earned more than ever before from the export of electricity. Last year, Germany exported energy worth € 3.76 billion to neighbouring countries. At the same time, power worth € 1.81 billion was imported. The net export surplus reached a record high of € 1.95 billion. For imported electricity an average of 4.9 ct/kWh had to be paid, while at 5.2 ct/kWh power exports brought in revenues that were far higher. The not unjustified suspicion: EEG power was purchased cheaply on the exchange and sold abroad with a high margin.

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Released on: 2014-06-13