Energy Experts Warn German Renewable Energy Path Tantamount To Economic Harakiri

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For all those renewable fanatics unfamiliar with the actual facts, here is a timely warning from Gemany about the huge downside to them.

Energy experts Jürgen Großmann and Prof. Fritz Vahrenholt wrote in an opinion piece in Saturday’s hardcopy edition of the Frankfurter Allgemeine Zeitung (FAZ) that renewable energies are expensive, costing 2 to 3 times more than conventional energy.

The two German experts warn that any attempt the country makes to reach the target of 45% renewable energy by the year 2025 is tantamount to economic Harakiri.

28 billion euros annually

Already Germany’s budding Energiewende is costing German consumers and businesses 28 billion euros annually, or roughly an average of 300 euros for each household. These costs are driven in part by insanely high leasing costs that wind turbine operators pay to wealthy land owners – and subsidies paid to growers of corn for biofuel.

Storage technology “prohibitively expensive”

Großmann and Vahrenholt also remind readers storage technologies are “prohibitively expensive” and offer no solution the problem of evening out the highly volatile wind and solar supply.

Sizzling power grids

Another major problem, the two energy experts comment, are the extreme uncontrolled power surges occurring on both sunny and windy days. In such cases the operators of over-fed, sizzling grids are forced to dump surplus electricity into the power grids of neighbouring countries, which has the effect of upsetting both their grids and power generation markets. Another peculiarity is that wind park operators are routinely ordered to shut down, yet are paid for the power that never gets produced. German Vice Chancellor Sigmar Gabriel once said that other countries think it’s “crazy”.

Großmann and Vahrenholt, both former top energy executives, characterize the demands made by the influential German Greens to shut down the country’s coal power plants as naïve and simply unworkable, and call plans to install large wind parks near the Baltic Sea before constructing transmission lines to take the power to markets “nonsense”.

German reductions would be wiped out in just 3 months

The economics of the German renewables project also border on insanity. Vahrenholt and Großmann remind that all the CO2 reductions that are to be made by Germany would be wiped out by China’s massive growth in just a matter of three months, making all the pain and cost for nothing. China represents 29% of the world’s CO2 emissions, Germany only a paltry 2.5%.

Vahrenholt and Großmann conclude that Germany must return to rationality by getting back on a renewable energy path that is technically and economically feasilble, and not one that destroys the environment and economy, as is the case currently in Germany. They point out that Great Britain, Spain, Poland, Denmark and Italy have all scaled back their renewable energy development so as to not further overburden their consumers and industry.

- See more at: http://notrickszone.com/2016/07/18/e....OJCEKL5j.dpuf

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Somehow managed to create the same thread twice, please ignore the other one. Feel free to ignore this one as well if you are a climate hacktivist like Rune.

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What about all of those jobs

[Celticguy]

What about all of those jobs

China thanks them.