Saturday, April 30, 2016

Germany’s Green Energy Fiasco

Wind Farms Paid €500 Million A Year To Stand Idle

Because of the boom of renewable energy, more and more wind turbines have to be switched off. The reason is power overloading. The network operators must turn down electricity generated from windmills when their power threatens to clog the network. For the grid operator Tennet alone, these costs added 329 million euros in 2015 – two and a half times as much as in the previous year. The other network operators 50Hertz, Amprion and EnBW had a combined cost of 150 million euros, according to a survey of Wirtschaftswoche among the four network operators in Germany. --Christian Schlesiger, Wirtschaftswoche, 28 April 2016

Because of the boom of renewable energy, more and more wind turbines have to be switched off. The reason is power overloading. The network operators must turn down electricity generated from windmills when their power threatens to clog the network. For the grid operator Tennet alone, these costs added 329 million euros in 2015 – two and a half times as much as in the previous year. The other network operators 50Hertz, Amprion and EnBW had a combined cost of 150 million euros, according to a survey of Wirtschaftswoche among the four network operators in Germany. --Christian Schlesiger, Wirtschaftswoche, 28 April 2016
 
The online German national daily Die Welt has a piece by business journalist Holger Zschäpitz on Germany’s sky-high, ever climbing electricity prices. Awhile ago it looked as if prices had finally stabilized. But now Zschäpitz writes that German electricity prices, already among the highest in the world, have jumped once again. Families today are paying 21% more for electricity than they did 5 years ago. So what is driving the rapid upward price spiral? Zschäpitz reports that it’s due mostly to the “Energiewende”. In the meantime, Germany’s CO2 emissions have been rising, and thus consumers are not really getting anything for the massive amounts of money. --Pierre Gosselin, No Tricks Zone, 29 April 2016
 
The boss of struggling steel giant Tata has blamed soaring energy costs and high business rates for crippling British industry. Tata chief executive Bimlendra Jha, whose UK operations are losing around £1million a week, said the firm’s energy charges are £40million more a year than those in Germany. His comments came as discussions continue over the future of the company’s plant in Port Talbot, South Wales, with thousands of jobs at risk. Mr Jha told members of the Business Select Committee today that high prices and a strong pound were hitting trade. --David Maddox, Daily Express, 28 April 2016
 
George Osborne risks killing off British manufacturing with sky-high green taxes and business rates – the Indian boss of the Port Talbot steelworks blasted today.  Tata Steel chief Bimlendra Jha said his UK business would be MAKING money if it had Germany’s electricity prices. And he told MPs that the Government’s existing policies – such as eco taxes which send energy costs through the roof – meant it was almost impossible for firms “bleeding money” to recover. He stormed: “We cannot be the ones who shut the door on the industrial revolution which began in this country.” --The Sun, 29 April 2016

The Paris Agreement not merely fails to ground the policy of mitigation of global warming, it ensures that the policy will fail. And the INDCs of China and India, which Lord Turner especially mentioned, are statements of an intention massively to increase emissions. The Paris Agreement provides an explicitly legal permission for developing countries not to make any CO2 reductions and will be the legal basis of continued immense increase in China’s and India’s CO2 emissions. China’s extremely ambitious and apparently positive intensity targets actually represent a statement that the increase in its emissions will be vast. Everything Lord Turner said about the Paris Agreement and China’s Intended Nationally Determined Contributions was wrong. That a person of his influence says things that will mislead the listening public is regrettable. That the BBC airs such statements without any challenges is a disgrace. --Professor David Campbell, Global Warming Policy Forum 28 April 2016

Brought to you by Benny Peiser's Global Warming Policy Forum

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