Comment by pkfz
2 months ago
Germany benefits a lot from the open market. If only countries introduced a rule to export only the excess of the energy then Germany would be cooked, because prices would sky rocket for them, not 2x, 3x, but way more. Luckily for them they can make strategical mistakes and go away with it making others to pay for that.
Of course countries only export "excess energy". No country cuts power to its own citizens and businesses because they'd rather export it.
"Excess energy" is not a static value. It dynamically depends on price point. Which depends on demand and supply which both depend on price. That dynamic (and circular) interplay is at the core of why economics as a discipline exists in the first place.