German Energy Prices Are Soaring, Thanks to the Renewable Hoax

Mr. Marxist himself... Lyndon LaRouche.

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German Energy Prices Are Soaring, Thanks to the Renewable Hoax

October 8, 2010

The high price of "Green energy" in Germany is costing the consumers close to an extra 10% in their energy bills. The Frankfurter Allgemeine Zeitung reports that the actual cost of electricity is only 35% of the bill, while another 24% is related to the grid. The rest of the bill comes from various taxes, including the value-added tax (VAT) which is 19%, and the so-called tax for Kraft-Waerme-Kopplung (KWK, combined heat and power generation), which is close to 10%. On top of that, there is the tax for Erneuerbare-Energien-Gesetz (EEG, Renewable Energy Law), which has gone sky high, because it is devoted to development and expansion of renewable energy production, including wind turbines and photovoltaic panels.

FAZ reports that, looking at the average cost per household, the biggest jump was from 2009, when the percentage rise in the monthly energy bill was 5.6%, and so far in 2010 it has already already been 8.6%. In real numbers, they show EU5.3 billion for 2009 and an estimated EU8.2 billion for 2010. (The average household this year pays EU6 per month for the revolution in energy, and the price is constantly rising.)

The increase is due to the need to expand the electricity grid to bring in the huge parks of wind turbines and solar panels. The "grid companies" are regulated by the Federal Network Agency, which said that the "grid companies" had been overpaid in the last years EU1.5 billion, which is an outcome of privatization. On the other side, energy associations are coming out and saying that there has been too little investment in the energy grids in the last years, and because of the investment in renewables, the distribution networks are not large enough. They say that for Germany alone, it will require 3500 km for a new "smart grid" in order to bring online the wind turbines and solar panel parks — guess who will pay for this. The EEG law compels Germany to prioritize putting the renewable energy onto the network first — and Germany has to pay it.

Nevertheless, FAZ writes that the German tenor is: The revolution in renewable energy has its price — we have to pay. And signs are, that the cost of renewable energy will never decrease.

Meantime, one interesting element is that the green maschinenstürmer — Luddite saboteurs— are also blocking the development of the grids in Germany, which are needed in order to bring the the renewable energy online on the network.

For Bubblebliss to laugh at.