Archive for November 25, 2014

German Sun Beats Swiss Water

Water power is the backbone of Alpine countries’ energy supply. Despite its important role in Europe’s energy shift, further development of hydroelectric infrastructure in Austria and Switzerland is on hold.

IPS

One of several water dams on Grimsel Pass in the Swiss Alps. Hydropower used to be profitable, but now revenues have shrunk drastically. Credit: Ray Smith/IPS.

On sunny, windy summer days in Germany, when millions of solar panels soak up the sun and wind turbines run at full speed, the German electricity network can’t cope with the overcapacity. Especially on Sundays, production often exceeds demand. The result is low prices, at times even negative ones; which means customers get paid for buying electricity. Read more