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...and that's why Germany has the CHEAPEST electricity in the world, right?

• pfdietz 6y ago
  Germany subsidized renewables when they were expensive, and they are still paying for that. But wind and especially solar costs have crashed since then, having been driven down their experience curves by these subsidies and then the general subsequent growth in demand. You can thank Germany for this act of altruism that made renewables so cheap for the rest of us. Also, when comparing costs, you must not allow fossil fuels to get away free without being charged the cost the CO2 emissions are imposing on everyone. Among the CO2-free options, wind and solar are now several times cheaper (per kWh produced) than new nuclear.
  • 08-15 6y ago
    > Germany subsidized renewables when they were expensive, and they are still paying for that. Yes, currently 2.05 ct/kWh. (I am German, I should know.) Electricity costs about 29 ct/kWh, constantly getting more expensive. Even if we ignore the subsidy for existing unreliable power generators, 27 ct/kWh is ridiculously expensive (roughly 35 US-ct/kWh). And no, I'm not going to thank anyone.
    • pfdietz 6y ago
      And I thank you. But please don't imply that your high rates mean renewables are not cheap now for everyone else.