Sunday, December 29, 2024

Europe: The Fall Of The Holy Renewable Empire | ZeroHedge

Literally "flat, dark calm," Dunkelflaute is characterized by a simultaneous lack of wind and sun in winter, when demand for electricity in Germany is at its highest. - Authored by Drieu Godefridi via the Gatestone Institute
Solar and wind power production falls drastically during unfavorable weather conditions.
It happens, in fact, every year...
  • The prices are indeed staggering. In 2024, the household price of electricity in Germany was the highest in Europe...
  • But this is "for the planet", right? Not even close. Despite its commitment to so-called green energies, Germany still has a high carbon footprint due to its increased reliance on coal and lignite to make up for energy shortfalls...
  • Germany's high electricity prices are leading to the relocation of its industry, as companies look for sites where energy costs are more affordable...Whole swathes of Germany's proud industry are collapsing...
  • Finally, Germany's increased dependence on its neighbors for energy supplies has been creating tensions in Europe. High electricity prices in Germany are being passed on to neighboring countries, making electricity unaffordable there and generating growing frustration. 
In short, the Dunkelflaute is the symptom of a profound energy crisis, caused by an ideological, authoritarian, irrational and failed energy transition...

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