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FiT ... failed dismally in Germany
The 1973 Arab oil embargo sparked a huge roll out of nuclear power. France added 100 terawatt hours of energy/yr of nuclear electricity by 1981 with a population of just 50 million people. She added another 200 million TWh/yr in the next decade. Germany's FiT has produced 18 TWh/yr of solar in a decade in a country of 80 million and about 40 TWh/yr of wind. And the cost of that 18 TWh/yr? About 100 billion Euros due over the next 20 years in FiT. How big a failure does a policy need to be before people wake up? All a FiT is is a massive redistribution of wealth to those who least need it ... those who can afford the high up front cost of solar panels. The 70s showed exactly what is required and that it is quite doable ... a massive nuclear build.
Posted by GeoffRussell