FULL ARTICLE HERE:
https://stopthesethings.com/2022/02/20/dumb-dumber-germany-wins-prize-for-worlds-most-idiotic-energy-policy/
Germany Electricity Prices
Soar To World Record Highs
After Years Of Energy Policy Folly
…Expensive, Unreliable
No Tricks Zone
Pierre Gosselin
9 February 2022
Germany’s power supply, once mostly made up of a mixture of coal and nuclear power, used to be among the most stable and affordable in the world.
Power outages were rare and grid interventions were infrequent.
... Today now comes the price shock.
Wind and solar are not free after all.
In fact they are outrageously expensive, and they are even more volatile in terms of supply than the country’s Corona policies!
Unstable grid, record high prices
German households paid an average
of 36.19 cents for a kilowatt hour in January 2022.”
That’s over 40 US cents per kilowatt-hour!
... “Germans have to pay almost three times
as much for electricity from the outlet
compared to the international average.
This is mainly due to unusually high taxes
and eco-taxes in this country.”
... consumer electricity costs
significantly less
in other countries:
Italy (25 euro-cents)
Switzerland (23 cents)
Austria (23 cents)
Luxembourg (23 cents)
France (21 cents)
Netherlands (19 cents)
Poland (19 cents)
USA (16 cents)
Brazil (14 cents)
.Canada (12 cents)
South Korea (11 cents)
China (9 cents)
India (8 cents)
German industry, which gets a lower price than consumers do, is now paying “an average of 26.64 cents per kilowatt hour”, up from just 17.76 cents in 2020 – that’s a roughly 50% jump!
... not long ago The Wall Street Journal dubbed it the “world’s dumbest energy policy”.