• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 21 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Hydrogen balloon still deflating
  • 3 days Renewables are expensive
  • 8 days Bad news for e-cars keeps coming
  • 11 days More bad news for renewables and hydrogen
  • 13 hours EVs way more expensive to drive
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 5 days EV future has been postponed
  • 7 days The (Necessarily Incomplete, Inarguably Ridiculous) List of Things "Caused by Climate Change" - By James Corbett of The CorbettReport.com
  • 40 days Green Energy's dirty secrets

Breaking News:

Fire at Greek Refinery: Crude Unit Down

The Latest Oil Price Crash Appears to Have Come to an End

The Latest Oil Price Crash Appears to Have Come to an End

Oil prices have tumbled dramatically…

U.S. Oil and Gas Rig Count Jumps

U.S. Oil and Gas Rig Count Jumps

The total number of active…

Germany's Greens Criticize Govt. Over New Coal-Fired Power Plants

Germany's Greens, buoyant following Berlin’s decision to shutter the country’s nuclear power plants in the wake of the March Fukushima nuclear catastrophe in Japan, are sharply critical of the government’s intention to underwrite the construction of new coal-fired power plants to help produce power when the nuclear power plants go offline.
 
In reply to Greens Bundestag group Germany’s Economics Ministry wrote in a letter, "highly efficient, flexible fossil fuel power plants that need to be built in the years 2013 to 2016 will be subsidized to the tune of 5 percent of the annual outlay from the Energy and Climate Fund," Der Spiegel reported.
 
Germany’s Greens see the current situation as a unique opportunity to invest in renewable energy rather than conventional coal-fired power stations, which emit large volumes of greenhouse gases. Oliver Krischer, Bundestag deputy and energy expert said, "Coal-fired power plants are harmful to the climate and much too inflexible to balance the ups and downs in the generation of electricity from renewables."
 
Far from a blanket shutdown of the country’s nuclear power plants, the German government is mulling keeping one NPP as a possible backup option. Federal Grid Agency chief Matthias Kurth told an energy conference in Berlin, "The figures we have so far seem to suggest that we will need one of those nuclear power plants. The reason is that the much touted conventional cold reserve has not shown to be a viable option."

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News