Germans Just Love Paying Sky-High Prices for Green Energy
http://fortune.com/2017/08/08/germans-renewable-energy-energiewende-subsidies/Aug 07, 2017
Germans are almost all in favor of expanding the use of renewable energy , according to a study conducted for the country's Renewable Energies Agency (AEE).
That's despite the fact that government subsidies for renewables mean that Germans pay more for their electricity than anyone else in Europe.
The AEE's survey that 95 percent saw the expansion of renewables as important or extremely important. That's up from 93% in a similar survey last year.
Germany is in the process of phasing out its nuclear plants, in a green transition known as the Energiewende. In the first half of this year, the country generated 35 percent of all its power from renewable sources such as wind, solar, hydroelectric and biomass. That share is routinely higher at weekends when industrial and office demand drops. On one particular Sunday – 30 April – 85 percent of Germany's power came from such sources....
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Just think how high that percentage can stay once the high energy prices chase away most of their businesses!
