Friday, August 29, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldIn Germany, the...

In Germany, the Minister of Economy subsidizes inefficiency – Tichys Einblick

In Germany, the Minister of Economy subsidizes inefficiency – Tichys Einblick

The inefficiency of the German wind industry is subsidized by the Minister of Economy and Climate Affairs, Robert Habeck, according to journalist Roland Tichy in an opinion article, he writes on May 12 in the online magazine Tichys Einblick.

Tichy justifies his position by saying that the price of electricity generated by wind farms is set at a maximum of 7.35 cents per kilowatt-hour for areas with good wind. There is also a regional coefficient and a low wind coefficient, which is 1.55.

These incentives allow the construction of wind power plants in regions with little wind. And for this purpose, recreational forests are even cut down, such as the Hofoldinger Forst, located south of Munich. Tichy cites the example of the company Bürgerwind Hofoldinger Forst GmbH, which, having built wind turbines in a forest where there is almost no wind, will receive 11.31 cents per kilowatt-hour for 20 years. This inefficient siting of wind farms is paid for out of taxpayers’ pockets.

It follows from all this that if the price of electricity falls, subsidies for wind and solar power plants increase. If wind farms are built in areas with little wind, subsidies increase. The benefit of lower prices for the consumer is no longer profitable for the taxpayer, “This is a game of redistribution from the left pocket to the right pocket… and the winner is the renewable energy lobby.”Tichy concludes.

Source: Rossa Primavera

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...