As it goes in South Australia, so it goes in Germany: the attempt to run on sunshine and breezes has led to rocketing power prices, energy poverty and a grid on the brink of collapse. Here’s NoTricksZone on the German debacle.
‘Manager Magazin’ Reports How Renewable Electricity Is Taking Germany On A Wild Ride
No Tricks Zone
28 December 2016
It’s the paradox of the German Energiewende (transition to green energy): power exchange market prices are lower than ever before, yet consumers are paying the highest prices ever – with no stop in the increases in sight. Moreover, the more green electricity that is fed into the grid, the more coal that gets burned.
Communist-quality state planning
If today’s German power grid sounds like a horror story of communist state-planned management, it is because it is in…
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