On April 30, renewable sources fed so much power into the national grid that supply far exceeded demand – causing prices to fall into negative territory. The surplus was then sent to neighboring countries.
It’s the economy stupid! No it’s not, it’s the greed of the parasitic elites that own the oil stocks and who are destroying our only planet.
May 8, 2017
Since 2015, Germany has produced too much energy from renewable sources, selling the excesses to its neighboring countries at a much cheaper price.
Taking a cue from the 2011 Fukushima nuclear disaster in Japan, Germany shut down nine of its nuclear reactors. Combined, these nuclear reactors had the capacity of generating enough power for at least 20 million homes in Europe.
But due to the extreme dangers associated with nuclear power, Germany doesn’t want to gamble with the nation’s health. It is better to invest in ventures that are sustainable. The country has an ambitious target in renewable energy.
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