Unreliable German Solar and Wind Forcing New Coal Boom
by Stefan Frank
With 1,300 employees, Prokon is a relatively small company. Yet its advertisements were well-known to Germans. They always had three parts: pictures of a wind farm; a vague message that “something” had to be “changed”; and a request to make a loan to Prokon. … one was promised nothing less than “a future worth living,” and 8 percent interest per annum.
… the company successfully gathered about 1.3 billion euros (2 billion dollars) in borrowed capital. … All of the capital came from retail investors, some of whom gave a big chunk of their lifetime savings, according to media reports.
Now, we know that the whole operation was a Ponzi scheme. The interest was paid with the money from newcomers. …
… According to surveys, only 18 percent (of the German people) approve of the current energy policy. Sixty percent of Germans reject the push for so-called “green” energy if it leads to higher prices, and the same amount think it inevitably does.
They are correct: the electricity price in Germany has doubled between 2000 and 2013. It is now about three times pricier than electricity in the U.S. because staggering amounts of money were channeled into solar and windmill companies. Last year alone, German households paid 20 billion euros (27 billion USD) for a “renewable energies surcharge,” which amounts to 240 euros (325 USD) for every citizen. More than 100 billion euros have been sunk into solar energy, which is the least efficient source and contributes only four percent to German electricity production. Germany has as many solar panels as the rest of the world combined — in a country where the sky is usually overcast.
It has become clear that “renewable” energies cause problems for the grid. There are no viable means for storing the electricity; it has to be consumed as it is produced. Production and consumption have to match. The larger the percentage of production coming from fickle solar and wind energy, the more difficult the job of the grid operator is. When Germany doesn’t produce enough electricity, it needs to import it from its neighbors, like it did in 2011 and 2012, when Merkel’s decision to immediately shut down eight nuclear power plants … would have caused a blackout. Austria and France stepped in to fill the gap. … German environmentalists bragged about Germany’s record electricity exports.
Besides the risk of a total blackout, there are growing concerns about the stability of frequency and voltage. The following report was published in Der Spiegel:
[quote]It was 3 a.m. on a Wednesday when the machines suddenly ground to a halt at Hydro Aluminium in Hamburg. The rolling mill’s highly sensitive monitor stopped production so abruptly that the aluminum belts snagged. They hit the machines and destroyed a piece of the mill. The reason: The voltage off the electricity grid weakened for just a millisecond. Workers had to free half-finished aluminum rolls from the machines, and several hours passed before they could be restarted. The damage to the machines cost some €10,000 ($12,300).
This is what happens when government tries to shove an non-viable technology down the throats of its citizens and business base: opportunities for fraudsters and corporate mountebanks; horribly inferior product/service; massive price increases; no alternatives, as government mandate outlaws or cripples competition. Messes like this are the natural fruit of the Greenies’ and Warmistas’ fraud and hysteria!