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Sunday, June 21, 2020

How many of 5,000 German wind farms will shut down after subsidies end this year ?

5,000 German wind farms 
are no longer eligible 
for government subsidies 
after 2020.

They face shutdown, 
and Germany faces 
the loss of considerable 
amounts of 'green'
electricity.

If the government 
does not intervene, 
Germany’s entire 
Energiewende 
( green energy ) 
project will stall.

Around 5,000 
wind turbines, 
with a total output 
of 3.7 GW
 (gigawatts), 
will fall out of 
the 20-year
EEG subsidy 
at the end 
of this year. 

Due to the corona 
virus pandemic:
-- Germany had 
a falling wholesale 
price for the
competition --
natural gas, 
and

-- Electricity prices 
dropped drastically, 
changing most of the
older wind farms 
into money losers.

In July 2019, 
a megawatt hour 
of electricity cost 
over 53 euros, 
but on March 23, 2020 
it was under 34 euros. 

Without a new subsidy,
continued operations 
of the wind systems 
are very unlikely 
to be profitable 
at current electricity
prices, even at the 
lowest cost locations.