The green energy orgy in Germany is over. The music has stopped and the wine that once flowed freely has long run out. The green energy whores and pimps can go home.
In a stunning admission by Germany’s Economics Minister and Vice Chancellor to Angela Merkel, Sigmar Gabriel announced in a recent speech that the country’s once highly ballyhooed transformation to renewable energy, the so called Energiewende, a model that has been adopted by a number of countries worldwide, is “on the verge of failure“.
Speaking at an event at SMA Solar, Germany’s leading manufacturer of solar technology, Gabriel even dropped yet another admission bomb:
The truth is that in all fields we under-estimated the complexity of the Energiewende.”
Gabriel is not only the national economics minister and vice chancellor to Angela Merkel, he is also head of Germany’s socialist SPD party, which is now the coalition partner in Angela Merkel’s CDU/SPD grand coalition government. Moreover Gabriel was once the country’s environment minister and a devout believer in global warming and in Al Gore’s Inconvenient Truth.
In the speech Gabriel tells the audience how the energy transformation is on the verge of failure:
Those who are the engines of the transformation to renewable energies, that’s you, you don’t see how close we are to the failure of the energy transformation.”
Gabriel says that major reforms are thus unavoidable, and he calls efforts for energy consumers to get off the grid “pure madness”. That’s not what they want after all. Gabriel is now calling on companies who produce green energy for their own use to ante up as well:
The complete exemption from paying feed-in tariffs is a model that is wonderful for you as a business model, but is one that is a problem for everyone else.”
The solar energy audience reacts with dead, stunned silence (3:03). That can’t believe what they just heard.
The mood at SMA Solar, which has been a huge benefactor of the renewable energy subsidies brought on by Germany’s EEG feed-in act, was somber and shock and Gabriel delivered the reality. Many in attendance seemed unable to fathom what Gabriel was unloading: the heady days at the green energy feeding trough are over – live with it.
The European Institute for Climate and Energy (EIKE) here writes:
The responsible persons in attendance at the Hessen-based photovoltaic SMA Solar and all the other profiteers of the EEG feed-in act saw their jaws drop when this late and blunt admission was made.”
That Gabriel would make such comments can only tell us that the situation and the costs surrounding the Energiewende must be far more dire than most of us realize.
Germany’s renewable energy gravy train has derailed for good. Other countries take note!
Finally, give credit to Gabriel for not shying away from what needs to be done and for taking the responsibilities as economics minister very seriously. Finally a person in power who gets it!
Other reading: Even media now mocking failed Energiewende.