January 16, 2013

Should Germany Nationalize Its Grid?

Editors, Der Spiegel


DPA

Germany urgently needs to expand and update its power grid to meet its goal of phasing out nuclear energy and going green, but development appears to have short circuited. A member of Chancellor Angela Merkel's cabinet is calling for a radical change: the partial nationalization of the grid.

Read Full Article ››

TAGGED: Nationalization, Germany, Electrical Grid

RECOMMENDED ARTICLES

October 24, 2013
Tesla: Any Progress On That Cheaper Model?
Mark Rogowsky, Forbes
Though Tesla Motors TSLA +4.25% only offers one car today, the company is well on the way to becoming a three-vehicle company within the next few years. CEO Elon Musk confirmed before an audience in Germany that the company is... more ››
October 25, 2013
RWE Reconciles to Distributed Energy
Stephen Lacey, Energy Collective
We may be about to witness one of the most profound transitions ever to occur in the utility industry. Challenged by the surge in distributed renewables and a strong decline in revenues, one of Europe's largest largest... more ››
Germany is racing past 20% renewable energy on its electricity grid, but news stories stridently warn that this new wind and solar power is costing “billions.” But often left out (or buried far from the lede) is the... more ››
In the wake of Fukushima, Angela Merkel said Germany would phase out nuclear power by 2022 and subsidize renewable energy. Average German consumers can’t afford the ‘green’ subsidies as they drive up energy prices and suck... more ››
October 16, 2013
Price Swings Threaten German Growth
Morison & Mengewein, B'Week
The lack of clarity on Germany’s energy policy is creating the most volatile power prices in seven months, boosting costs for industry in Europe’s largest economy. The 30-day historical volatility in the price of power for... more ››