Meanwhile this is the German experience with "green" energy:
German consumers already pay the highest electricity prices in Europe.
But because the government is failing to get the costs of its new energy policy under control, rising prices are already on the horizon.
German Environment Minister Peter Altmaier’s predecessor once claimed that switching Germany to renewable energy wasn’t going to cost citizens more than one scoop of ice cream.
Today Altmaier admits consumers are paying enough to “eat everything on the ice cream menu.” The government predicts that the renewable energy surcharge added to every consumer’s electricity bill will increase by 20 percent.And because energy underpins everything else in the economy, one can safely say that "green" energy will raise the cost of living in Germany by 20 percent over time.
The linked article continues:
This year, German consumers will be forced to pay €20 billion ($26 billion) for electricity from solar, wind and biogas plants — electricity with a market price of just over €3 billion. Even the figure of €20 billion is disputable if you include all the unintended costs and collateral damage associated with the project.
Solar panels and wind turbines at times generate huge amounts of electricity, and sometimes none at all. Depending on the weather and the time of day, the country can face absurd states of energy surplus or deficit.
If there is too much power coming from the grid, wind turbines have to be shut down. Nevertheless, consumers are still paying for the “phantom electricity” the turbines are theoretically generating.Go to the linked article to see just how bad this had gotten.
Lets face Europe is dragging their fracking feet.
ReplyDeleteCRC
As much as I complain about President Obama, the Europeans are in a world of hurt. The energy situation will only get worse for the Europeans, especially as manufacturing moves to the US.
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