Germany has exceeded our expectations for solar development with 11.7 GW installed in the first ten months of 2023, a figure we expected would take the full year, and which is up 91.8% from the 6.1 GW installed in the first ten months of 2022. Onshore wind installations of 1.6 GW in H1 were up 60%. Sadly, we can’t attribute the falling price of German electricity to this surge in renewables deployment – instead this has been ‘achieved’ by a dramatic fall in demand, partly from a warm winter, partly from an economic downturn led by industries dependent on cheap – or at least affordable – gas and electricity. The other supports for falling prices are price caps (extended to…