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First of all, this isn't true. In case the prices drop negative, the solar plant will be disconnected from the grid remotely and the solar plant owner will get
by tcfhgj 2y ago
First of all, this isn't true.
In case the prices drop negative, the solar plant will be disconnected from the grid remotely and the solar plant owner will get what he had gotten if the solar plant had not been disconnected from the grid.
Second, subsidizing once expensive but mostly cleanenergy production technology, allowed renewable energy to thrive to the number 1 energy source worldwide, theoretically allowing to ditch fossil energy production completely by 2050 and stay within low risk climate warming - without significant degrowth, which otherwise would have been required for a certainty.
So no, EEG isn't a joke, but a huge win for humanity.
- pfdietz 2y agoIt was a huge win for humanity, kickstarting the rapid decline in PV cost over the last 15 years, but don't pretend there wasn't a cost to Germany. Acknowledge this remarkable act of global altruism.
- tcfhgj 2y agoIt wasn't cost to Germany, because it resulted in lower electricity prices. I'd call it investment
- pfdietz 2y agoYes, there was a decline in electricity prices, for the world as a whole. The cost was to Germany. Like I told you above, don't ignore that.
- ZeroGravitas 2y agoAre we talking about a specific policy or the whole transition? The Wikipedia page on the EEG suggests that it's globally recognised as a success, and even when political pressure was being applied to reduce solar PV feed in tariffs faster than the original plan called for due to better than expected uptake, the merit order effect introduced in the same legislation was reducing the spot price of electricity by more than the cost. https://en.wikipedia.org/wiki/German_Renewable_Energy_Sources_Act https://en.wikipedia.org/wiki/German_Renewable_Energy_Source...