Germany (EWG) could face an energy catastrophe this winter, largely due to its overly aggressive...


Germany (EWG) could face an energy catastrophe this winter, largely due to its overly aggressive green energy policy.
From other sites
Comments (18)
  • Hellz
    , contributor
    Comments (175) | Send Message
     
    Nothing green about phasing out nuclear.
    12 May 2012, 06:29 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
     
    Yes, very little sense to phasing out nuclear in Germany.
    12 May 2012, 07:30 PM Reply Like
  • Yokyok
    , contributor
    Comments (327) | Send Message
     
    tell that to the neighbors of Fukushima.
    12 May 2012, 09:59 PM Reply Like
  • Richard93
    , contributor
    Comments (812) | Send Message
     
    Fukushima happened do to gross misconduct & failure to address problems in a timely manor. Tokyo Electric knew about design problems well in advance. The worked on the other at risk plant complex and they shut down properly!!
    12 May 2012, 11:09 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    So, what will be the excuse when the next one blows? Germany can just not risk that. The potential costs are too high.
    12 May 2012, 11:21 PM Reply Like
  • Richard93
    , contributor
    Comments (812) | Send Message
     
    Yes expect Russian problems again. Germany shut down there old plant a few months ago good says I. Good maintenance is key since that is the point till a non uranium fusion reactor comes on line using other energy systems will have to do. Wave action turbines have shone promise as well. Time to have an honest talk about what works & how much.
    12 May 2012, 11:49 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    Agree on the necessity of an honest talk. But is that even possible these days? Where are the good analysts?
    13 May 2012, 12:13 AM Reply Like
  • Richard93
    , contributor
    Comments (812) | Send Message
     
    To true maybe threaten jail time at Russian style Gulag will bring the real truth to light. To me it should always be about giving the people the honest truth from the beginning. If they don't like it they can go some where else.
    13 May 2012, 12:23 AM Reply Like
  • The Geoffster
    , contributor
    Comments (4291) | Send Message
     
    They'll be burning euros faster than they can be printed.
    12 May 2012, 06:36 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    What a BS. This is complete and utter BS. Germany can buy all the power they need from their neighbours. Germany still has sufficient nuclear energy - comes from France.
    12 May 2012, 08:18 PM Reply Like
  • D-inv
    , contributor
    Comments (4788) | Send Message
     
    Of course, if it gets really cold in Germany one can count on it being relatively warm in France, Belgium, Denmark, Switzerland, UK, etc.
    12 May 2012, 09:24 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    France exports a lot of electricity and has plenty over capacity. And who says Germany doesn't have enough? I looked in the German news after reading this - and guess what, nothing there (and I can look for news in German actually).
    12 May 2012, 09:38 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    The problem with the German energy is not that there won't be enough - it is that the costs will go up 10% in the next year for the industry. Here an article about that (hope you understand German): http://bit.ly/J5H9wi
    12 May 2012, 09:11 PM Reply Like
  • Angel Martin
    , contributor
    Comments (1370) | Send Message
     
    well if things get to cold in germany, maybe they can move en masse to greece during the winter...
    12 May 2012, 09:19 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    Lol. They already do that but they prefer the Canary Islands.
    12 May 2012, 09:20 PM Reply Like
  • 867046
    , contributor
    Comments (380) | Send Message
     
    I don't understand why Europe doesn't build a major LNG terminal on the Atlantic coast.
    12 May 2012, 10:20 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    It is all about the costs. Rotterdam has one online, not sure about the capacity. EON plans one in Wilhelmshaven but I am not sure it will go forward - it is stalled but not cancelled I think. Wilhelmshaven is a deep water harbour and super tankers go there. Giant new container harbour under construction there.
    There are many gas pipelines - NatGas comes from Russia. Norway has two LNG terminals. Maybe the Atlantic coast doesn't need LNG terminal I think because France is having much nuclear energy.
    12 May 2012, 10:59 PM Reply Like
  • bixbubba
    , contributor
    Comments (363) | Send Message
     
    Shame on SA for linking to this garbage.
    13 May 2012, 12:58 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs