- JoNova - https://www.joannenova.com.au -

Green Electricity in Denmark, Germany, costs three times as much as US

It’s a bit costly trying to control the weather:

“Germany has been paying over $26 billion per year for electricity that has a wholesale market value of just $5 billion (see here).”

That’s $21 billion that could have been spent on health or education that was used instead to feed the Green Machine.

A few handy facts to memorize. The cost of electricity per kilowatt-hour: 

Denmark, 42c; Germany 40c, and the USA, 12.5c. ( — Forbes)

Wind and solar power supplies 28% of electricity in Germany (is it really that high?) This is what Australia is aiming for?

 

Industrial energy prices, electricity, germany, US, UK

Graph from Forbes (link below)

Europe is a “green energy” basket case. Washington Post

“Germany’s Energy Poverty: How Electricity Became a Luxury Good.”Der Spiegel

Europe’s Energy and Electricity Policies are a Bad Model, Jude Clement, Forbes

“The direct loss of industry because of higher cost electricity is particularly destructive. Manufacturing jobs are very high-paying and the manufacturing business greatly advances nations with a massive “multiplier effect,” where 1 new manufacturing job can create as many as 6 or 7 across the overall economy.

While the manufacturing sector in the EU now employs about 30 million persons directly, down from 37 million 10 years ago, the real devastation is far worse because manufacturing is a building block of a strong economy.”

 

h/t GWPF

9.1 out of 10 based on 104 ratings