Surging wholesale gas prices force German power provider Ziegler to cease operations
All top-down regulation always benefits the very large players in any market and comes to the detriment of the smaller fry in between. Germany’s renewables craze is no exception here. The big dinosaurs of the German energy space have specialized departments and experts that work those regulations to maximum benefit (i.e. subsidies) for themselves while the small fry is left struggling as they can’t afford such firepower. Thats true in any industry. Thats also why the big utilities play along with the alarmists. It clears their market.
