German wind industry “threatening to implode” as subsidies end wiping out half or more of new plants

German wind industry “threatening to implode” as subsidies end wiping out half or more of new plants:

In Germany as 20 years of wind subsidies comes to an end in 2020, half to three quarters of the industry may disappear.

So many parallels with Australia. The Germans have had wind subsidies for 20 years, but even after two decades of support, the industry is still not profitable on a stand-alone basis. In 2016, some 4600MW of new wind plants were installed, but that may drop to one quarter as much by 2019 as subsidies shrink. According to Pierre Gosselin (August 31st, 2017) there are more wind protests, electricity prices are “skyrocketing” and “the grid has become riddled with inefficiencies and has become increasingly prone to grid collapses from unstable power feed in.”

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Unstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!

Unstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!:

Flagship ARD public television here broadcast a report on the state of the German power grid, which until about some 15 years ago was by far among the world’s most stable. But those days are now gone, thanks to volatile green energies.

The ARD report basically tells German citizens and industry that they need to prepare quickly for blackouts because the country’s power grid is as unstable as never before.

Just last week the power went out due to a winter North Sea storm which swept across a large part of Germany: 300,000 people lost power.

Outages leading to millions in losses

Read moreUnstable Green Power Grids: German ARD Television Tells Citizens To Start Getting Used To Blackouts!

This Cryptocurrency Mining Rig Can Also Heat Your Home

This Cryptocurrency Mining Rig Can Also Heat Your Home:

The intensifying energy consumption of the bitcoin network is becoming a concern for environmentalists who have begun to question whether digital currencies should be considered a socially responsible investment. As we pointed out last month, Digiconomist’s Bitcoin Energy Consumption Index stood at 29.05TWh.

That’s the equivalent of 0.13% of total global electricity consumption. While that may not sound like a lot, it means Bitcoin mining is now using more electricity than 159 individual countries, including Ireland and Nigeria.

As the share of the world’s electricity consumed by miners of bitcoin and other cryptocurrencies rises, miners will likely face pressure – both economic and social – to find efficiencies wherever they can.

In anticipation of this trend, a crypto startup called Comino is marketing a mining rig that also functions as a heater.

Read moreThis Cryptocurrency Mining Rig Can Also Heat Your Home

German Energy Policy Gone Lost: “Energiewende Has Failed,” Writes Leading Environmentalist

German Energy Policy Gone Lost: “Energiewende Has Failed,” Writes Leading Environmentalist:

n an opinion piece at the Mittel Bayerische daily, Harry Neumann, National Chairman of the environmental group Naturschutzinitiative e.V. declares Germany’s Energiewende (transition to renewable energies) a failure and writes: “The wind power industry and nature protection cannot be reconciled.”

Moreover Germany’s EEG green energy feed-in act is doing more harm than good, writes Neumann: “The EEG is impeding the research of environmentally compatible technologies.”

Neumann also notes that despite having installed close to 30,000 wind turbines, Germany’s “CO2 emissions are not dropping, but rather are rising again.” He adds:

Read moreGerman Energy Policy Gone Lost: “Energiewende Has Failed,” Writes Leading Environmentalist

Germany’s National Power Grid Mess…Country Seeing Whopping 172,000 Power Outages Annually!

Germany’s National Power Grid Mess…Country Seeing Whopping 172,000 Power Outages Annually!:

Germany’s Energiewende threatens to follow a similar path as the Berlin-Brandenburg airport debacle, but on a far greater scale. When bureaucrats take over project engineering...

Berlin-Brandenburg BER airport: Construction began in 2006 with operation scheduled to begin in 2011. And now as 2017 nears the end, BER is not even close to opening. Currently it is well over 2000 days behind schedule. Massive technical deficiencies with the airport’s safety systems plague the entire project, and now it is questionable whether the airport will even open in 2021.

Bureaucrat run airport-project turns into national embarrassment

BER’s original estimated price tage was 2.5 billion euros, but since then the costs have ballooned to 6.6 billion euros today. Worse: billions more are expected, nobody knows when the project will be completed, and there’s even talk the project might be abandoned altogether! It is undoubtedly the country’s greatest construction and engineering debacle so far this century. The joke today: It would be cheaper to move the entire city of Berlin to another airport then to sort through the catastrophe that is the BER airport.

Read moreGermany’s National Power Grid Mess…Country Seeing Whopping 172,000 Power Outages Annually!