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02 July 2011

Post-Nuclear Germany, Beware

Beware of fooling yourself most of all:
However, without these subsidies not one of the "world famous" Danish wind farms would be profitable. But not even the government largesse, courtesy of the taxpayers/consumers seems to be enough to keep wind power profitable in Denmark; Scan Energy, one of the major wind and solar energy companies, with production also in Germany and France, has finally called it a day. Among the major shareholders are a number of the biggest Danish farming estates. Now there is, according to the Danish daily Jylland-Posten, a real risk that some of these family estates, built up during centuries, will have to be sold as a consequense of the Scan Energy bankruptcy.

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