- German’s electricity bills have doubled since 2000. (Germans pay about 40c a KWH.)
- Up to 800,000 Germans have had their power cut off because they couldn’t pay their bills.
- Germany’s renewable energy levy rose from €14bn to €20bn in one year as wind and solar expanded. German households will pay a renewables surcharge of €7.2bn this year alone.
- Germany has more than half the worlds solar panels. They generated 40% of Germany’s peak electricity demand on June 6, but practically 0% during the darkest weeks of winter.
- Seimens closed it’s entire solar division, losing about €1bn. Bosch is getting out too, it has lost about €2.4bn.
- Solar investors have lost almost about €25bn in the past year. More than 5,000 companies associated with solar have closed since 2010.
- Germany has phased out nuclear, but is adding 20 coal fired stations. Gas power can’t compete with cheap coal or subsidized renewables and 20% of gas power plants are facing shutdown.
- Despite the river of money paid to renewables, emissions have risen in Germany for the last two years.
h/t to Dave G