The price of electricity in times of Covid-19

In 2020, the average wholesale electricity price was significantly lower than in 2019. Three factors dampened prices: lower fuel costs, lower electricity demand and more electricity from renewable sources. In the analysis “The Electricity Price in Times of Covid-19”, Dr. Simon Schulte, Fabian Arnold and Konstantin Gruber examine how the wholesale electricity price developed in 2020, what factors influenced its development, and what role the Covid-19 pandemic has played.

Type of Publication: Analysis
Financial support: Gesellschaft zur Förderung des Energiewirtschaftlichen Instituts an der Universität zu Köln e. V.
Written by: Dr. Simon Schulte, Fabian Arnold, Konstantin Gruber
Date: January 2021
Type of Publication: Analysis
Financial support: Gesellschaft zur Förderung des Energiewirtschaftlichen Instituts an der Universität zu Köln e. V.
Written by: Dr. Simon Schulte, Fabian Arnold, Konstantin Gruber
Date: January 2021