Fritz Vahrenholt: finally sits down to a banquet of consequences.
If the tech savvy Germans can’t make wind and solar power work, no one can.
The Germans love cobbling together endless, guttural syllables to create nouns longer than the Autobahn.
‘Energiewende’ roughly translates as ‘energy transition’, which Germans have taken to mean a new path with energy. Germans were told that instead of coal and nukes, they’d run on sunshine and breezes, as if by magic.
Except that it didn’t quite pan out that way.
Germany has policies in place that will squander close to €1 trillion in subsidies ladled out to wind and solar.
Years ago, its brains trust determined to shutter its safe and reliable fleet of nuclear power plants by 2022; hypocritically, Germany still imports plenty of nuclear generated electricity from France and will do for decades to come.
Coupled with its push kill off its nuclear…