@philippilk: 1/ Now that the Nordstream pipelines are gone it's worth thinking about how a deindustrialisation of Europe via permantly high energy prices. 🧵 2/ European manufacturing will no longer be economically v...…
Germany theoretically has somewhere between 30-50% of its electricity needs covered by renewables, but grid scale storage isn’t feasible and baseload sources are all being shut down for various political and environmental reasons (nuclear, coal, gas). Germany has been building out renewable energy faster than any other capitalist country that doesn’t have access to easy hydroelectric capacity, and it’s not even close to enough. It also ignores the primary energy and raw materials needs of industry (steel and fertilizer for example). Energiewende has been a failure, both in terms of ROI and GHG emission reductions.
Angway, it’s too late now. Europe’s economy is fucked and it’s not about to recover without a couple revolutions.
Germany theoretically has somewhere between 30-50% of its electricity needs covered by renewables, but grid scale storage isn’t feasible and baseload sources are all being shut down for various political and environmental reasons (nuclear, coal, gas). Germany has been building out renewable energy faster than any other capitalist country that doesn’t have access to easy hydroelectric capacity, and it’s not even close to enough. It also ignores the primary energy and raw materials needs of industry (steel and fertilizer for example). Energiewende has been a failure, both in terms of ROI and GHG emission reductions.
Angway, it’s too late now. Europe’s economy is fucked and it’s not about to recover without a couple revolutions.
not true