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Electricity is over 30 ct/kWh in Germany, and short-term, they will be unable to offer it much cheaper. Does that mean black-outs and people not getting electri
by pbmonster 3y ago
Electricity is over 30 ct/kWh in Germany, and short-term, they will be unable to offer it much cheaper. Does that mean black-outs and people not getting electricity? No, but at those prices, heavy industry like steel mills and aluminum foundries will have to move abroad.
And it won't get better with the numbers of EVs on the roads going up. Germany burns around 50M tons of gasoline per year. If you want to replace that with electricity, you need to install tens of gigawatts of additional powerplant capacity - and that's not "peak capacity" renewable plants advertise. Real, 24h-capacity.
And that's not looking good, either. Thanks to all the NIMBYs, the actual number of megawatt turbines being built is shameful.
- ZeroGravitas 3y agoAbout half of that is taxes and they are currently proposing to drop it to the minimum allowed under EU rules > The absolute bottom rate for electricity taxation is €0.5 per Megawatt-hour (MWh) compared to today’s rate of €20.5 per MWh – meaning the envisaged reduction could reach about 95%. https://www.euractiv.com/section/energy-environment/news/berlin-considers-slashing-electricity-tax-by-95-to-boost-heat-pump-uptake/ https://www.euractiv.com/section/energy-environment/news/ber...