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16:49
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Originally posted by Cevans
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Between 2011 and 2015 Germany will open 10.7 GW of new coal fired power stations. This is more new coal coal capacity than was constructed in the entire two decades after the fall of the Berlin Wall. The expected annual electricity production of these power stations will far exceed that of existing solar panels and will be approximately the same as that of Germany’s existing solar panels and wind turbines combined. Solar panels and wind turbines however have expected life spans of no more than 25 years. Coal power plants typically last 50 years or longer. At best you could call the recent developments in Germany’s electricity sector contradictory.
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Well, you go ahead and invest your hard-earned in that, and I'll continue to invest in the renewables/storage revolution I see coming. Let's see whose portfolio is healthier in 5 years time, hmm?
