With a whopping efficiency of up to 60.75%, it is considered the world’s most efficient gas-fired power plant; it’s the ultimate when it comes to turbine engineering (see following promo video).
“Answer to climate protection” to be mothballed! World’s most efficient gas-fired power generation plant to shut down as a consequence of a run-amok “Energiewende”.
No other conventional power plant on earth is able to extract as much energy from what gets put into it. And because it burns natural gas, the 1400-megawatt Irsching gas-fired Siemens SGT5-8000H power generating units emit relatively low amounts of CO2 and pollutants.
Yet its operators, among them energy giant E.on, are aiming to mothball the recently installed modern gas-fired facility for good. The reason? It’s losing money because Germany’s renewable energy feed-in act, which allows conventional plants to operate only when the wind and sun aren’t putting out.
Hat-tip: EIKE here.
The Irsching gas-fired power generators are unable to operate at a profit because the facility has to yield to wind and solar energy, which are mandated to be fed first into the grid by law. The result: the modern gas turbines are forced to operate intermittently when the sun and wind are AWOL, which means they are unable to cover their high operating costs. The dirtier coal power plants have lower operating costs, and so they are making a comeback. Result: the green energy revolution is leading to more CO2 emissions, and not less.
According to FOCUS magazine, the Irsching gas-fired plant located near Ingolstadt in southern Germany has become “the symbol of the faulty development of the Energiewende” – Germany’s ongoing transition to green energies.
Industry association leader Hans-Joachim Reck, complains: “It’s the paradox of the Energiewende that now the cleanest and most efficient power plants in Germany, the gas-fired power plants, cannot earn money.”
The gas-fired Irsching facility isn’t the only one that risks being shut down because they are prevented from operating at their capacities and efficiencies. FOCUS writes: “approximately 50 applications to shut down similar plants have been submitted across Germany“. As more and more erratic solar and wind power come online, the less efficiently gas-fired plants operate. As a result, Germany’s stable component of its power grid is eroding rapidly.
So how bad has Germany’s energy policy become, outsiders may ask? At EIKE economist Dr. Klaus Peter Krause tells us:
What the political leadership has inflicted with its ‘Energiewende’ and continues to inflict is a ‘farce to the tenth power’. When it comes to the financial burden for Germans and the entire [German] economy, it will surpass the also ruinous euro bailout policy.”
That’s awfully ruinous.
The shutting down of gas-fired plants has already put the south German power supply stability at risk. Already the federal government has intervened and forbidden the mothballing of several gas power plants. This of course will only serve to further burden the power utilities with even more costs. Eventually those too will get passed on to German consumers, who are already paying the second highest electricity rates in the world. Little wonder 600,000 households can no longer afford it.
So far only about a quarter of Germany’s power is supplied by renewables. The target is 90% by 2050. Little wonder many experts think the whole system is going to collapse well before that.