The English Der Spiegel presents a blistering report on the solar energy debacle in Germany this week in a piece titled:
Solar Subsidy Sinkhole, Re-Evaluating Germany’s Blind Faith in the Sun.
The costs of subsidizing solar electricity have exceeded the 100-billion-euro mark in Germany, but poor results are jeopardizing the country’s transition to renewable energy. The government is struggling to come up with a new concept to promote the inefficient technology in the future…continue reading at Der Spiegel here.
Some bits of reality:
Solar farm operators and homeowners with solar panels on their roofs collected more than €8 billion ($10.2 billion) in subsidies in 2011, but the electricity they generated made up only about 3 percent of the total power supply, and that at unpredictable times.
Until now, Merkel had consistently touted the environmental sector’s “opportunities for exports, development, technology and jobs.” But now even members of her own staff are calling it a massive money pit.
If all commitments to pay subsidies so far are added together, Frondel adds, ‘we have already exceeded the €100 billion level.'”
Read about the entire dismal mess at Der Spiegel, see link above.
Yet, the Greens in Germany are proud of this debacle and cannot get enough of it. Green Party leader Jürgen Trittin says here at CO2 Handel (emphasis added):
‘We are experiencing a concentrated campaign against renewable energy over the recent days,’ Trittin thinks. ‘It is being led by the coal lobby at RWE and Eon, but it is also being incited by the Federal Ministry of Economics.’ Trittin said, the Feed-In Act is by far the most inexpensive way of expanding renewable energies. ‘That’s why it has been copied by over 50 countries.’ “
50 countries that are ruining their energy supply. It should be clear just how detached from reality people like Trittin are.
But with such handouts, I really ought to start thinking about having a system of my own installed on our house. If you don’t jump through the hoop, then you pay through the nose. But on the other side of the hoop, you get rewarded. So it’s stupid not jump through it.