August 1, 2016 by stopthesethings
The parallels between Germany and South Australia are as uncanny as they are frightening. The common feature being, of course, their ludicrous attempt to rely on sunshine and breezes.
Like South Australians, Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance.
The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the environmental purpose of the policy – CO2 emissions are rising fast: if “saving” the planet is – as we are repeatedly told – all about reducing man-made emissions of an odourless, colourless, naturally occurring trace gas, essential for all life on earth – then German energy/environmental policy has manifestly failed (see our post here).
Some 800,000 German homes have been disconnected from the grid – victims of what is euphemistically called “fuel poverty”. In response, Germans have picked up their axes and have headed to their forests in order to improve their sense of energy security – although foresters apparently take the view that this self-help measure is nothing more than blatant timber theft (see our post here).
German manufacturers – and other energy intensive industries – faced with escalating power bills are packing up and heading to the USA – where power prices are 1/3 of Germany’s (see our posts here andhereand here). And the “green” dream of creating thousands of jobs in the wind industry has turned out to be just that: a dream (see our post here).
Those in charge of Germany’s power grid have stepped up calls for an end to the lunacy of trying to absorb a wholly weather dependent generation source into what was never designed to deal with the chaos presented on a daily basis: Germany’s Wind Power Debacle Escalates: Nation’s Grid on the Brink of Collapse
And the economics are so bizarre, that you’d think its “Energiewende” policy had been put together by the GDR’s ‘brains trust’, before the Berlin Wall took its tumble in 1989.
In Germany, around €200 billion has already been burnt on renewable subsidies; currently the green energy levy costs €56 million every day. And, the level of subsidy for wind and solar sees Germans paying €20 billion a year for power that gets sold on the power exchange for around €2 billion.
Like the Germans, South Australians are, for precisely the same reasons, witnessing the willful destruction of hundreds of businesses and thousands of jobs, while thousands are being deprived of power and tens of thousands more are struggling to pay their rocketing power bills.
South Australia’s base-load power supply has been wrecked by heavily-subsidised wind power – a product of massive Federal subsidies dished out under the Large-Scale Renewable Energy Target (see our post here).
The consequence being that, every time the wind drops out, spot prices rocket from around $70 per MWh to $2000-$4,000, frequently hitting the regulated market cap of $14,000 per MWh.
South Australia is now heavily reliant upon coal-fired power – dragged from Victoria over a couple of interconnectors which fail on a regular basis – as well as highly inefficient, fuel-hungry Open Cycle Gas Turbinesand diesel generators, smashing claims that SA’s renewables efforts are ridding the planet of the dreaded CO2 gas.