Germany’s “Energiewende”….A Very Poorly Thought Out Agenda…
Germany’s shift to renewable energy sources will have a greater impact on operators of traditional power plants than originally thought, according to new data from the country’s grid supervisor.
Fifty-seven traditional gas and coal power plants are set to close in Germany as a consequence of Energiewende, or energy transition, which has diminished the profitability of operating non-renewable power plants.
That’s nine more than had been slated for closure at the beginning of the year, Germany’s leading Bild tabloid reported on Monday, citing figures from the Federal Network Agency.
Energy industry advocates have warned that a heavier reliance on wind and solar power could put Germany’s energy supply security at risk.
Hildegard Müller, head of the German Association of Energy and Water Industries (BDEW), told Bild that modern power plants were an insurance policy against power shortages and deserved to be financially compensated as such.
“The situation for existing power…
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