Quote:
Originally Posted by sendler
Yes. But adding these intermittents to the grid has made the price of electricity in Germany among the highest in the world for developed countries.
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I think it is the other way round. Raising the cost of electricity, in combination with subsidies for renewable power generation, made building those profitable in an economic sense for the owners.
They were always profitable in other senses of course.
Building windmills and PV installations reduce energy imports, which shifts the trade balance and creates local jobs.
This added benefit makes it worthwhile for nations to invest to stimulate these developments; the economy as a whole grows.
As for intermittent effects, a lot of that can be ironed out by battery storages like
Hornsdale which quickly earns itself back for its owners while making the grid much more reliable.
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