• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 14 hours PETROLEUM for humanity 
  • 14 hours Why don't the other GOP candidates get mention?
  • 3 hours China's Blueprint For Global Power
  • 13 hours Brexit agreement
  • 4 hours Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 14 hours Disenfranchised people are angry people - map of global electoral systems
  • 13 hours Bloomberg: shale slowing. Third wave of shale coming.
  • 3 hours ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 8 mins Erdogan Holds All The Cards ... 3.6 Million Of Them
  • 19 hours Spain Is On The Edge...Clashes Between Catalonia And "Madrid"
  • 2 hours Idiotic Environmental Predictions
  • 21 hours Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources
Ag Metal Miner

Ag Metal Miner

MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,…

More Info

Bitter Truth About Germany´s Renewable Energy Goals

As an example of the fine pursuit of high ideals, Germany’s drive for clean energy could not be finer. Whether you hold to the majority view regarding the arguments on global warming or you are one of the naysayers is not the point, the world only has so much fossil fuel and almost no one would deny the world can only absorb so much carbon dioxide without eventually impacting the environment, so a move to less polluting renewable power is a fine goal. But as an example of how not to do it, Germany could not be offering a clearer picture.

The FT reported this week on Berlin’s dilemma, ambitious at the best of times under a policy known as Energiewende, or “energy change,” the government aims to derive 80% of Germany’s electricity from carbon-free sources by 2050. As a result of generous subsidies since 2000, the renewables sector has grown to provide over 25% of Germany’s electricity today, at a huge cost to consumers. According to the FT, German households pay twice as much for electricity as their US counterparts, while prices for industrial customers have risen more than 30% over the past 4 years, no doubt adding to the challenge faced by Germany’s economy teetering on the edge of recession.

Related: Germany Considers Coal Phase Out

For some bizarre reason, Angela Merkel promptly closed 8 of the country’s 17 nuclear reactors following the Fukushima nuclear disaster. Where the connection between Japan’s tsunami and Germany’s inland nuclear plants comes from is a mystery to most outside the country, but in a society still sensitive to the risks of nuclear energy in the aftermath of the 1986 Chernobyl disaster, there is widespread public support for the closures. The result, though, is that the environmental targets have taken a backwards lurch as coal-fired power stations have been fired up to meet demand. It’s worse in Germany than elsewhere because the country’s coal-fired power stations are reliant on the lowest-grade, most-polluting lignite coal, a resource which Germany has in abundance.

Germany’s 2050 goal may yet be achieved, but the evidence so far suggests the journey will be painful, polluting and seriously expensive.

By Stuart Burns

Source - http://agmetalminer.com/

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • A on December 05 2014 said:
    A piece written by someone that knows close to nothing about the German electricity market. Hydro, PV or wind all generate electricity at cost that is below grid rates in the US. The difference is made up by taxes.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play