Almost all predictions about the expansion and cost of German wind turbines and solar panels have turned out to be wrong – at least by a factor of two, sometimes by a factor of five.
When Germany’s power grid operator announced the exact amount of next year’s green energy levy on Monday, it came as a shock to the country. The cost burden for consumers and industry have reached a “barely tolerable level that threatens the de-industrialization of Germany”, outraged business organisations said.
Since then politicians, business representatives and green energy supporters have been arguing about who is to blame for the “electricity price hammer”. After all, did not Chancellor Angela Merkel (CDU) promise that green energy subsidies would not be more than 3.6 cents per kilowatt hour?