Germany is on the verge of transformative change in its electricity sector, driven by ambitious demand forecasts, sweeping policy reforms, and the accelerating retirement of coal and nuclear power. With increasing demand driven by the electrification of transport, heat, and industry, and renewable capacity surging past 73% by 2025, new policy tools are being put in place. The EEG-2027 reform and the introduction of a modern capacity market are expected to drive foundational changes in the