Commodity Market Report

Germany energy markets long-term outlook 2019

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25 April 2019

Germany energy markets long-term outlook 2019

Report summary

Germany's electricity market is undergoing a dramatic transformation. If the long-term will be dominated by renewables, nuclear phase-out by 2022 and coal phase-out by 2038 will create space for gas as a transition fuel. Although gas has suffered from its price competition with coal in the past decade, there are indeed reasons to believe in a bright future, at least in the next decade. The steady decline of Germany's domestic coal market will contrast with a growing activity in the gas space, as Germany will merge its two gas zones in 2021, and become Europe's largest transit country after Nord Stream 2 becomes operational. In the 'Downloads' section of this page, you can find the explanatory slides and Excel dataset.

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