Is Europe becoming uninvestable?

[Spekulatius]

Yes, the problem with wind is, if there is no wind in Germany, there is likely no wind in France, Benelux, Denmark and Poland as well because the weather is correlated . So you quickly run into the issue where the connected power network that balances supply and demand pushes up price elsewhere.

 

One thing is sure, more wind and solar can’t be the solution. Germany needs steady baseload and peaker plants (which would be expensive NG)

[John Hjorth]

42 minutes ago, Spekulatius said:

Yes, the problem with wind is, if there is no wind in Germany, there is likely no wind in France, Benelux, Denmark and Poland as well because the weather is correlated . So you quickly run into the issue where the connected power network that balances supply and demand pushes up price elsewhere.

 

One thing is sure, more wind and solar can’t be the solution. Germany needs steady baseload and peaker plants (which would be expensive NG)

 

Yes, @Spekulatius,

 

But it is also about storage of energy [, or should I write 'lack of storage', and how that will evolve over time in future], which complicates things further. In fact, it's damn complicated, there are so many moving parts.

 

Interesting discussion with all involved here, btw., I appreciate it, thank you.