{"id":5461,"date":"2025-12-11T06:00:24","date_gmt":"2025-12-11T05:00:24","guid":{"rendered":"https:\/\/neon.energy\/?page_id=5461"},"modified":"2025-12-16T13:48:28","modified_gmt":"2025-12-16T12:48:28","slug":"price-spikes","status":"publish","type":"page","link":"https:\/\/neon.energy\/en\/price-spikes\/","title":{"rendered":"Price Spikes"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<h2>Price Spikes<\/h2>\n<p>On behalf of 50Hertz Transmission GmbH<\/p>\n<p>Publication date: 12.12.2025<\/p>\n<p data-start=\"137\" data-end=\"575\">In the winter of 2024, the day-ahead market experienced exceptionally high wholesale prices; on 12 December, a value of 936 \u20ac\/MWh was reached \u2014 exceeding even the peaks observed during the gas crisis. The power market thus demonstrated what textbooks have been predicting for 70 years: scarcity pricing. At the same time, the situation provided a real-world test of the actual availability of generation capacity under extreme conditions.<\/p>\n<p data-start=\"577\" data-end=\"829\">This short study examines whether the observed price spikes were due to capacity shortages or potential market power abuse \u2014 and what conclusions can be drawn for the design of a capacity market.<\/p>\n<p style=\"text-align: left;\">[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: left;\">Here you can find the recording of the webinar and the <a href=\"https:\/\/neon.energy\/Neon-Preisspitzen-Folien.pdf\">slides <\/a>(both in German).<\/p>\n<div class=\"content_video iframe has-wh\"><iframe loading=\"lazy\" class=\"scale-with-grid\" width=\"500\" height=\"270\" src=\"https:\/\/player.vimeo.com\/video\/1146928355?wmode=opaque\" allowFullScreen><\/iframe>\n<\/div>\n\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<p>Here you can find the <a href=\"https:\/\/neon.energy\/Neon-Preisspitzen-EN.pdf\">study<\/a>.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/neon.energy\/Neon-Preisspitzen-EN.pdf\" rel=\"attachment wp-att-5475\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5475\" src=\"https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-212x300.png\" alt=\"\" width=\"192\" height=\"272\" srcset=\"https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-212x300.png 212w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-723x1024.png 723w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-768x1088.png 768w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-103x146.png 103w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-35x50.png 35w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454-53x75.png 53w, https:\/\/neon-energie.de\/wp-content\/uploads\/Screenshot-2025-12-11-172454.png 899w\" sizes=\"auto, (max-width: 192px) 100vw, 192px\" \/><\/a><\/p>\n<p data-start=\"654\" data-end=\"711\">[\/vc_column_text][\/vc_column]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Price Spikes On behalf of 50Hertz Transmission GmbH Publication date: 12.12.2025 In the winter of 2024, the day-ahead market experienced exceptionally high wholesale prices; on<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-5461","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/comments?post=5461"}],"version-history":[{"count":4,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5461\/revisions"}],"predecessor-version":[{"id":5505,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/5461\/revisions\/5505"}],"wp:attachment":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/media?parent=5461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}