European power: Achieving transparency in Germany

Trading around 4,500 terawatt hours (TWh) annually, the German power market is the largest in Europe. Its geographic position at the centre of Europe, with nine bordering countries, makes it a natural anchor market, leading developments in the Central and Western European (CWE) region.

Although initially slow off the mark to implement liberalisation, Germany’s recent transparency initiatives have taken the power market to new levels. While it’s widely felt there is still room for improvement,