麻豆无码版

Germany鈥檚 Federal Network Agency (BNetzA) has initiated fine proceedings against three electricity market participants on suspicion of market manipulation after power grid strains last year. The agency said听听that it had examined whether individual market participants deliberately sold electricity on the intraday market at very high prices without the intention of actually procuring or generating this electricity themselves. 鈥淎fter extensive evaluations of more than one hundred million trading and balancing group data for the three days in June 2019, there are indications in 21 trading situations that false or misleading signals were sent with regard to the supply of electricity through sales bids,鈥� said BNetzA.听

The agency launched an investigation following听a severe imbalance of supply and demand听in the German power grid in June 2019.听On several days, there was less electricity available than needed to keep the grid stable, and Germany had to rely on neighbouring countries to cope. As a reaction,听BNetzA听adopted听provisions to strengthen supply security in December, and听launched an investigation into whether power price speculation destabilised the country鈥檚 power grid. Production of intermittent green electricity has risen sharply over the last few years in Germany, and industry figures occasionally voice concern about the security of the power supply. So far, however, Germany has one of the听highest levels of supply security听internationally.