Benjamin Franklin once said, “half the truth is often a great lie.” Keep that in mind when you read a recent report prepared for our friends at the Edison Electric Institute (EEI) about Germany’s experience with renewable energy, including solar power.
Here’s the gist of the argument made by the energy consulting firm, Finadvice: Germany’s wholesale markets are suffering from “disequilibrium” because of increased consumer costs. The 86-page report is pretty much a hatchet job on renewables. “In conclusion, the lessons learned in Europe prove that the large-scale integration of renewable power does not provide net savings to consumers, but rather a net increase in costs to consumers and other stakeholders,” according to the report.
Really? That’s the problem with half-truths. Not surprisingly, there’s no mention of the enormous societal costs of the damaging pollution which is caused by burning fossil fuels and undeniably driving climate change.
So what’s the other side of the story – the one utilities fail to mention? In response to that question, the Solar Energy Industries Association (SEIA) today released a comprehensive study taking an in-depth look at Germany’s solar support programs and how the United States can benefit in the long term from the experiences of the world’s leading solar producer.