At NoTricksZone the insanity of Germany’s “plan” for saving the worlds from cheap electrcity is on display.
80GW of demand (the reddish line)
40 GW of installed solar producing almost nothing (the yellow)/
10 hours of sunshine in Germany for the whole month of December.
As Jo Nova says:
“Imagine what kind of havoc this kind of energy flux can do. Not one piece of baseload capital equipment can be retired, despite the fact that half of it is randomly unprofitable depending on cloud cover. Solar PV eats away the low cost competitive advantage. Capital sits there unused, spinning on standby, while wages, interest, and other costs keep accruing. So hapless baseload suppliers charge more for the hours that they do run, making electricity more expensive.
They just need batteries with three months supply.”