Wind & Solar ‘Transition’ Leaves Germans Suffering Europe’s Highest Power Prices

German power prices, already the highest in Europe, have gone stratospheric. Once Europe’s industrial powerhouse, Germany is fast headed for economic ruin and social disaster.

20 years back, Germany’s Green/Socialist utopians – utterly detached from reality – dreamt up the ‘Energiewende’. However, the purported ‘transition’ to an all-wind and sun-powered future has turned dystopian nightmare. A result that was as perfectly predictable, as it was perfectly avoidable.

Numerous, and often large, industrial users – like BASF, Wacker and Siltronic – have already vacated the country, headed for low energy cost countries like Singapore and the USA, a process that began over a decade ago.

The wind and sun cult retort that it’s all Vlad Putin’s fault. However, German retail power prices were already skyrocketing before his Ukrainian adventure. Putin’s invasion of Ukraine in February 2022 simply revealed how badly his gas was needed to run the fast-start peaking gas plants, that cover wind and solar output collapses, whenever the sun sets and/or calm weather sets in. Something like revealing the Emperor was naked, all along.

As Pierre Gosselin outlines below, German households and industrial businesses have a very bleak future ahead, thanks to an unhinged obsession with costly and unreliable wind and solar.

Germany’s Ministry Of Economic Projects Gas, Electricity Prices To Rise To Painful Levels
No Tricks Zone
Pierre Gosselin
26 August 2023

Germany’s so-called Energiewende is leading to lots of economic pain as energy prices are projected to keep rising until 2040.

Some 20 years ago, the German Greens and Socialists, who were in power, promised green energies, primarily from wind and sun, would be cheap, plentiful and clean in the future.

In 2004, then Environment Minister Jürgen Trittin (Green Party) even promised that green energy wouldn’t rise more than the cost of a single scoop of ice cream per month. A fairy tale.

Since then, electricity prices have skyrocketed. A typical German household is now paying nearly 1,800 euros annually:

Electricity price for private households in Germany with an electricity consumption of 4,000 kWh in the years 2004 to 2022. Source: Statista. Published by n V. Pawlik, August 1, 2023.

Today, Germany’s energy costs are among the highest in the world, and there’s no relief in sight. Moreover, the majority of Germany’s total energy needs still remains supplied by fossil fuels, like coal, natural gas and petroleum.

40 cents a kwh
Blackout News here reports that Germany’s Ministry of Economics, headed by Robert Habeck (Green Party, now projects “the price of electricity will initially drop a little, but over time, it is expected to gradually rise to as much as 40 cents per kWh over the next few years.”

“So far, Economics Minister Robert Habeck has repeatedly emphasized that electricity will become cheaper again with the expansion of renewable energies. However, the forecasts from his own ministry contradict this,” reports Blackout News. “For the years 2024 and 2025, the ministry expects a price of exactly 37 cents per kWh. Thereafter, a moderate increase is expected, eventually reaching a peak of 40.27 cents per kWh in 2042.”

Natural gas prices are also projected to rise to painful levels. They are forecast to rise to 16.56 cents per kWh by 2040.
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