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It is artificially held down by their government.
by BurningPenguin 3y ago
It is artificially held down by their government.
- throw0101b 3y agoAnd governments haven't subsidized the development of renewables for the last (two) decade or so? Yes, renewable is cheap now, but it was expensive when the rollout started. "How Germany helped bring down the cost of PV" * https://energytransition.org/2016/01/how-germany-helped-bring-down-the-cost-of-pv/ https://energytransition.org/2016/01/how-germany-helped-brin... From 2017, "Germany’s High-Priced Energy Revolution": * https://fortune.com/2017/03/14/germany-renewable-clean-energy-solar/ https://fortune.com/2017/03/14/germany-renewable-clean-energ... "Germany Paid Record $38 Billion for Green Power Growth in 2020" * https://www.bloomberg.com/news/articles/2021-01-12/germany-paid-record-38-billion-for-green-power-growth-in-2020#xj4y7vzkg https://www.bloomberg.com/news/articles/2021-01-12/germany-p...