The dumping of subsidized power is something I was noting some time ago - now another European nation is looking at the impact of German exports during peak renewable periods.
This article is a little different in that it is hydro projects being curtailed by the price uncertainty created by the German subsidies, and there is mention that increasing grid connectivity with Germany is no longer desirable.
Add Switzerland to the list of Germany's neighbors (Poland and the Czech Republic) that are complaining about uncontrolled power surges from Germany. Last week, Kurt Rohrbach, spokesperson for Swiss power providers, stated on Swiss television that power surges from Germany brought about by solar power are bringing down power prices "throughout Europe" and leading to losses totaling "a hundred millions francs" (the Swiss franc is currently worth roughly 1 dollar) for Swiss firms this year alone. The news moderator on Swiss TV station SF1 did not beat around the bush: "The German solar sector is ruining business for Swiss power companies."Read the entire article at Renewables International
A second post at that site communicates signs that Germany is again ready to slash feed-in tariffs, and perhaps abandon them altogether.
The increased growth of intermittent generation has gutted the market pricing in Germany: the cost of the feed-in tariffs has driven up the retail pricing for those required to pay the surcharge (EEG) to finance the tariffs, but the largest German industry is exempt from those surcharges.
The result is German consumers exposed to the EEG are subsidizing both exports, and Germany largest consumers of electricity, industry.
No comments:
Post a Comment