Germany has a history of clinging to lost causes: its ‘inevitable’ transition to wind and solar is just the latest example. As Berlin was overrun by the Red Army in April 1945, Hitler and his loyal aides and commanders kidded themselves that the Reich might soon ride again. The Fuhrer and his newly wedded … Continue reading Deutschland’s Delusion: Renewable Energy ‘Transition’ in Tatters – CO2 Targets Missed as Power Prices Spiral Out of Control
Tag: Why are German power prices rising
Renewables Reckoning: German Business Being Throttled by Rocketing Power Prices
There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. The consequences of Germany’s obsession with sunshine and breezes are starting to hit home, with a vengeance. Its economic backbone, referred to as the ‘Mittelstand’ (small to mid-size firms, either in family or private hands) … Continue reading Renewables Reckoning: German Business Being Throttled by Rocketing Power Prices