Posted by Davis Swan, September 15, 2013
For more than 10 years Germany has been the poster child for the development of renewable energy sources – principally Photo-Voltaic (PV) solar and wind.
The Germans have stoically endured ever-increasing electricity rates that cannot do anything but continue to go up because of guaranteed Feed-In-Tariffs (FITs) for systems being installed each month. They have heard the dire warnings from their utilities who can no longer operate base load thermal plants profitably. And they fear for the future of German industry and the millions of jobs its supports as wholesale electricity rates have climbed rapidly from being well below to well above the European average.
September 22 may change all of that even if Chancellor Merkel is re-elected. A new or renewed government is bound to take a serious look at all the issues related to the Energiewende. I discuss the possible outcomes at length in a new blog posting.