Germany’s CO2 and energy policy – about to falter ?
On April 16th, 2014, a few quite remarkable statements were delivered during a discussion event at the premises of SMA Solar Technology AG, a leading German producer of photovoltaic panels and systems:
“The truth is that the Energy U-Turn (“Energiewende”, the German scheme aimed at pushing the “renewable” share of electricity production to 80 % by 2050) is about to fail”
“The truth is that under all aspects, we have underestimated the complexity of the “Energiewende”
“The noble aspiration of a decentralized energy supply, of self-sufficiency! This is of course utter madness”
“Anyway, most other countries in Europe think we are crazy”
Had this been one of the small albeit growing number of German “sceptics” casting doubt upon the XXL-sized politico-economical scam that has cost the German populace more than € 500 billion since its inception in 2000, it would not have gotten more than a footnote in the local press, crammed somewhere in between “horoscope” and “lost and found”. In fact, the media actually tried to keep a lid on the facts by giving them as little coverage as possible.
But the man at the speaker’s desk was Sigmar Gabriel, acting vice-chancellor of the German government, Secretary of Commerce with responsibility for the said „Energiewende” and chairman of the German social democrats (SPD), the second-largest political force in the country. Since December 2013, he is in charge of taming the runaway costs and growing security of supply risks that are unmasking the financial and technical nightmare of this ill-conceived project. In the past few months, he seems to have gotten some unpleasant insights causing him to admit the above-mentioned inconvenient truths when he was pushed too far by a number of aggressive lobbyists of the “renewable energy” sector. Gabriel, famous for his irascible temper that once already resulted in a heated verbal exchange with a top-dog TV journalist live on air, appears to have become quite candid when he vented his anger during the debate.
He must have realized his own political fate is in jeopardy because the task he has been assigned has conducted him into a situation that will inevitably result in failure. With respect to electric energy generation, Germany has painted itself into a corner. Since the introduction of the “Renewable Energy” law (EEG) in 2000 aimed at replacing coal and gas-fired as well as nuclear power generation by so-called renewable energy sources, the household price for electricity has jumped by more than 200 %. German customers now pay the second-highest electricity prices in Europe. At the same time, the task of stabilizing the grid against the massive erratic influx from solar and wind power plants that produce without regard for actual need has pushed the operators to their limits. Now already, with a combined share of just some 13 % of total electricity production, their unreliable input is massively imperiling the stability of the grid.