Surprise: Germany’s Green Power Is Quickly Becoming Unaffordable

Well, it became rather unaffordable years ago, especially in the winter, when German citizens started purchasing wood pellets imported from the U.S. and Brazil for heating and cooking, like they did hundreds of years ago. Now it is how this “green” energy is financed

Germany’s Green Power Finance Is Becoming Unaffordable

The German program that’s spurred the nation’s switch to green power is buckling under the weight of surging costs and needs an urgent fix.

That’s the assessment of one of the scheme’s chief designers, Hans Josef Fell. Designed in 2000 to enable Germany to meet United Nations pledges on climate change, it has pushed renewable energy to make up over 50% of the nation’s energy capacity.

Yet the system’s increasing costs have become glaring in the during the coronavirus pandemic, the veteran Green Party lawmaker said. High and guaranteed payments made to investors in clean power plants are the problem Fell said in an interview.

German power consumers have to contribute to help finance the payments through a surcharge in their monthly electricity bills, and a quirk of how they’re calculated threatens to send the program’s costs skyrocketing, he said.

On one hand, you can see how consumers are going to get boned above the already boned level of energy cost they’re paying now, which leads to an increase in the cost of living. On the other, German citizens keep voting for the people who enact these Hotcoldwetdry policies, so, they’re getting what they voted for. Will they eventually get to the point of the French citizens and their yellow vest protests/riots? Of course, they haven’t voted out their Warmist nutters yet, so, I have little sympathy for them.

Power consumers make up the difference between payments made to investors and the wholesale power price. That causes the green surcharge to rise when wholesale prices fall, and they’ve dropped 20% since January as coronavirus lockdowns hit power demand.

A guaranteed price for shoddy, already expensive, unreliable power.

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8 Responses to “Surprise: Germany’s Green Power Is Quickly Becoming Unaffordable”

  1. Klemdadiddlehopper says:

    News flash. Angela Merkel refuses to meet with Trump because she is suking vald Putin’s dik for a natural gas line that goes under the Mediteranean sea from Russia to Germany and YET.

    She refuses to let Russia back into the G-7 after they were kicked out but she wont stop the pipeline from Russia to Germany to give her unlimited Natural gas to emit co2 into the air in secret.

    • Kye says:

      Is there any leftist on earth who is not a lying, cheating hypocrite? There must be something in the rules that insists if you want to go left you must shred all integrity, morals and truth. Sheesh!

    • Elwood P. Dowd says:

      Is there any right-winger on earth who is not a lying, cheating hypocrite? There must be something in the rules that insists if you want to go right you must shred all integrity, morals and truth. Sheesh!

      To ask the question is to answer it.

  2. Klemdadiddlehopper says:

    Want a good short read on why it was Hysterical for 50 center and the left to be throwing a HISSY FIT OVER TRUMP not wanting to be involved in the fighting in SYRIA.

    https://oilprice.com/Energy/Energy-General/The-Most-Crucial-Pipeline-Of-The-Middle-East.html

    It’s not a long read. A few paragraphs and you will come away with a whole new realization that the left will do and SAY anything to defeat TRUMP including encourage the production of CO2 producing OIL and NATURAL GAS.

    And WHY?

    Because Trump is against it. Their is no lie the left will not tell in the age of TRUMP where they have quite literally lost their collective minds in an attempt to prevent the deep state from being uncovered and 4 more years of TRUMP will rip the lid off the boiling cauldron of lies that is leftist ideology in the USA.

    • Klemdadiddlehopper says:

      The participation of Rosneft was very useful for Moscow’s efforts in the region. The Russian energy giant maintains good relations with the Iraqi government where it operates several oil fields and the Kirkuk-Ceyhan oil pipeline. Recently, Rosneft signed an agreement with the Lebanese government to operate the storage facility in Tripoli for the next twenty years. Therefore, Russian involvement was important for the Arab countries to consider refurbishing the outdated Kirkuk-Tripoli pipeline.

      ONE of the biggest talking points of the gulf war and BUSH’s invasion of Iraq was about oil. Meaning the USA wanted to control the oil fields of IRAQ and YET:

      RUSSIA is maintaining and controlling most of IRAQ’s oil fields. And this started under Bush, accelerated under Obama and has continued under Trump.

      So the narrative by the progressive left that IRAQ was about oil only has about 20 percent truth. The other 80 percent that the USA wanted it for itself was and is total BS and yet today the LEFT is obsessed with the production of oil in the middle east by RUSSIA while being opposed to Oil by Saudia Arabia.

      The only reason Trump pulling missiles and fighter wings out of Saudia Arabia was not met with insanity from the left is because they are obsessed with RIOTING in the USA. The only reason the left is not obsessed with Russia pumping oil and gas all over the world is because you can’t protest Russia or CHINA so they do the next best thing. Blame everything on us poor deniers and TRUMP.

  3. Jl says:

    “Green Power becoming unaffordable..” If only there were some clue to see that this was coming….

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