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Inflation, energy shortages and the decline of the euro against the dollar are already having a massive impact on our prosperity. Due to the massive rate of price increases, larger households are already losing a quarter of their purchasing power. Companies are closing down or relocating their production abroad. The cause of this is the […]

The expansion of green energy plants lags far behind global growth. The share of renewable energy has been stagnating for more than 10 years. At the same time, the gap between aspiration and reality is widening. The global energy transition remains an ideological illusion. Expansion of green power plants cannot keep pace with global economic

With the start of the Ukraine war, the cost of gas and heating oil has risen sharply. This has now led to a real boom in demand for wood-burning stoves. Stove builders and installers can hardly save themselves from corresponding orders to install an additional heating option. In many places, wood-burning stoves are already sold

The latest figures show the massive impact of energy policy on the German economy. The trade balance is negative for the first time since 1991, due to the dramatic collapse of exports to China and Russia (Welt: 04.07.22). Not a single German company is among the world’s top 100 any more. More and more companies,

Economics Minister Robert Habeck wants to replace Russian natural gas with liquefied natural gas (LNG). But this involves considerable quantities that are not available on the world market and the necessary infrastructure is not in place. German shipowners have now expressed massive concerns that Habeck’s LNG strategy will work. Experts criticise LNG strategy of the

If the gas crisis continues to worsen, there will also be failures of heating systems in private households during the winter. In Baden-Württemberg, the district of Ludwigsburg now wants to prepare warming halls for the population. In the prepared halls it should be possible for up to 5,000 people to shelter in winter. Especially in

Economics Minister Habeck wants to expand renewable energies to 80 per cent of electricity demand by 2030. He envisages a quadrupling of the expansion with solar installations. However, the introduction of a nationwide solar roof obligation has failed so far. Now the managing director of the engineering firm Solar Experience, Stefan Abrecht, is proposing a

The rich European industrialised countries are trying to become independent of Russian gas supplies. To this end, they buy liquefied gas on the world market from all available sources and pay almost any price for it. This leads not only to an explosion in prices, but also to massive supply bottlenecks in the emerging countries.

The energy supplier Uniper is Germany’s largest gas supplier, and also the largest buyer of Russian natural gas. As a large intermediary, Uniper primarily supplies gas to municipal utilities. Since mid-June, Uniper has received only 40 per cent of the agreed delivery volumes from Russia. Therefore, the energy supplier has to buy the missing 60

The government is already warning about the loss of Russian gas supplies and repeatedly calling on consumers to save energy. In the meantime, those responsible are also realising that a gas freeze will inevitably lead to power cuts. On the one hand, the gas-fired power plants will fail to generate electricity, and on the other

In the meantime, the Federal Network Agency assumes that gas supplies from Russia will be stopped. Although private households would be particularly protected in the event of a supply stop, the agency nevertheless assumes that not all households can be supplied. Network agency assumes that gas will soon no longer be enough for everyone In

The expansion of renewable energies cannot go fast enough for Economics Minister Robert Habeck. He wants to increase electricity generation from wind and sun to 80 percent of demand by 2030. At least that is how he has set it out in his Easter package. That would be a doubling of what renewable energies are

The subsidies for electric cars, which exist in practically every country in the world, are considered controversial. The EU and especially Germany are the subsidy world champions in this respect: there are no subsidies as high as those in this country anywhere else. However, this system may be questioned. A comparison with the subsidies for

Since the Russian war of aggression on Ukraine and the associated supply insecurity for gas, politicians, suppliers and most experts agree: we have to get away from natural gas. This would also make a significant contribution to climate protection. Meanwhile, the extent to which hydrogen would also be suitable for heating is being discussed. Experts

Finance Minister Christian Lindner wants to abolish the purchase premium for electric cars than planned It is no longer comprehensible that the state subsidises the purchase of electric cars while the manufacturers make billions in profits. To the annoyance of the Greens, Chancellor Olaf Scholz supports the Finance Minister in abolishing the misguided subsidy. That