Sunday 13 May 2012

The real cost of renewables

No thanks.

More bad news here.

Global-warming-related catastrophes are increasingly hitting vulnerable populations around the world, with one species in particular danger: the electricity ratepayer. Denmark, an early adopter of the global-warming mania, now requires its households to pay the developed world’s highest power prices — about 40¢ a kilowatt hour, or three to four times what North Americans pay today. Germany, whose powerhouse economy gave green developers a blank cheque, is a close second, followed by other politically correct nations such as Belgium, the headquarters of the EU, and distressed nations such as Spain. The result is chaos to the economic well-being of the EU nations. Even in rock-solid Germany, up to 15% of the populace is now believed to be in “fuel poverty.” Some 600,000 low-income Germans are now being cut off by their power companies annually, a number expected to increase as a never-ending stream of global-warming projects in the pipeline wallops customers. In the U.K., which has laboured under the most politically correct climate leadership in the world, some 12 million people are already in fuel poverty, 900,000 of them in wind-infested Scotland alone, and the U.K. has now entered a double-dip recession. –Lawrence Solomon, Financial Post, 12 May 2012

1 comment:

Rob said...

Germany's issue is not its renewable energy, their renewable energy has decreased peak grid prices. The issue in Germany is that 12 months ago they decreed every nuclear base load plant would be shutdown with no plan how to cover that, this fact is covered in the article but glossed over in favor of antirenewable astroturfing. Of course you can't cut 30% of the base load supply without significant investment in either grid storage, energy efficiency or demand response measures or all of the above

Also when your willing to admit that solar power is cheaper then grid power in Australia and that your claim that 5kw solar systems cost $50,000 (when in fact they cost $10-12,000) was a baseless lie let us know.