Renewables Threaten German Economy & Energy Supply, McKinsey Warns In New Report

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Renewables are also increasing electricity prices and making energy supplies less secure in Australia, California, and Britain.

on California Governor Gavin Newsom to keep the state's last nuclear plant running.

The growing insecurity of German energy supply is made worse by the fact that its neighbors Belgium and Netherlands may shut down baseload capacity: coal plants in the Netherlands and nuclear plants in Belgium."In the medium term, there is a risk that there will not be enough supply capacity in the entire European network."

"By the first quarter of 2019, just 1,087 kilometers of the planned 3,600 kilometers of power lines were completed." At that rate, McKinsey notes, "the 2020 target will not be reached until 2037."

 

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Great argument for more renewable storage.

The German people are paying a very high price for the failure of this policy. Electricity is getting so expensive that pensioners are barely able to afford the cost. In the last 15 years my electricity cost has gone from 8 Ct/KW to 25ct/KW while France pays 12.

Isn’t that the problem large scale Tesla battery facilities help protect against as shown in Australia?

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