{"id":229366,"date":"2022-11-15T19:56:44","date_gmt":"2022-11-15T18:56:44","guid":{"rendered":"https:\/\/climatescience.press\/?p=229366"},"modified":"2022-11-15T19:56:46","modified_gmt":"2022-11-15T18:56:46","slug":"germanys-compounding-energy-woes-even-wind-power-industry-is-sliding-into-crisis","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=229366","title":{"rendered":"Germany\u2019s Compounding Energy Woes: Even Wind Power Industry Is \u201cSliding into Crisis\u201d"},"content":{"rendered":"\n
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Germany\u2019s\u00a0Blackout News here reports<\/a>\u00a0that not only is Germany\u2019s energy supply faltering profoundly, but so is its wind industry as well, reporting that it is \u201csliding into a crisis\u201d.<\/p>\n\n\n\n

<\/a><\/p>\n\n\n

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Gloomy outlook also for Germany\u2019s wind energy industry. Photo by P. Gosselin<\/em><\/p>\n\n\n\n

<\/p>\n\n\n\n

Wind energy is supposed to step in and play a key role in supplying Germany with energy as other sources get cut off. But that too is not going to plan.<\/p>\n\n\n\n

\u201cNordex is closing its plant in Rostock, Siemens Gamesa is sliding deep into the red and at Vestas the workforce is on strike,\u201d reports Blackout News<\/a>.<\/p>\n\n\n\n

The German government aims to solve the country\u2019s massive energy woes by doubling wind energy output over the next decade or so, but wind parks just aren\u2019t getting built and orders are \u201ccollapsing sharply\u201d, falling by \u201cmore than a third in the third quarter\u201d at Siemens Gamesa year-on-year.<\/p>\n\n\n\n

The result: thousands of lost jobs.<\/p>\n\n\n\n

Blackout News<\/a> cites \u201cincalculable record raw material prices and supply chain problems\u201d and a lack of profitability. Companies like Nordex are closing plants in Germany and moving production offshore to places like China.<\/p>\n\n\n\n

The unplanned lack of wind energy expansion in combination with the massive supply stop of Russian natural gas is acting to further compound the German government\u2019s problems as it struggles to keep the country supplied with energy while it suicidally pushes for the electrification of transportation and the closure of nuclear and coal power plants.<\/p>\n\n\n\n

\u201cSiemens Gamesa made a loss of almost one billion euros in the past fiscal year and sales fell by four percent,\u201d according to Blackout News. \u201cVestas has already made a loss of just under one billion euros, compared with a profit of 135 million euros a year earlier.\u201d<\/p>\n\n\n\n

Government reforms have to have \u201cdriven turbine manufacturers into cutthroat competition\u201d and the German market \u201chas collapsed in recent years,\u201d Blackout News adds. \u201cFor the market leaders Vestas, Siemens Gamesa, Nordex and Enercon, it is becoming increasingly difficult to find financiers willing to invest in wind turbines.<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

via NoTricksZone<\/mark><\/em><\/strong><\/p>\n\n\n\n

By\u00a0P Gosselin<\/a>\u00a0on\u00a0<\/em>15. November 2022<\/p>\n\n\n\n

Germany\u2019s Compounding Energy Woes: Even Wind Power Industry Is \u201cSliding Into Crisis\u201d \u2014 NoTricksZone<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wind energy is supposed to step in and play a key role in supplying Germany with energy as other sources get cut off. But that too is not going to plan.<\/p>\n","protected":false},"author":121246920,"featured_media":229371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":{"0":"post-229366","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","9":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/11\/image-540.png?fit=1200%2C801&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-XFs","jetpack-related-posts":[{"id":232792,"url":"https:\/\/climatescience.press\/?p=232792","url_meta":{"origin":229366,"position":0},"title":"Biggest Losers: Thousands Sacked As Germany\u2019s Wind Turbine Makers Face Financial Doom","author":"uwe.roland.gross","date":"07\/12\/2022","format":false,"excerpt":"Cut the subsidies to wind power and turbine makers soon fold.\u00a0Siemens Gamesa has\u00a0been axing hundreds of jobs in Europe and America\u00a0as the wheels come off the renewable energy gravy train.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":232984,"url":"https:\/\/climatescience.press\/?p=232984","url_meta":{"origin":229366,"position":1},"title":"Plunging Towards Darkness: Germany Sees Week-Long Wind, Sun Lull As Energy Supply Dwindles","author":"uwe.roland.gross","date":"08\/12\/2022","format":false,"excerpt":"Energy policy is sliding Germany ever closer to failure and disaster\u2026\u201dmore CO2 emitted per kilowatt hour in electricity generation than India or China\u201d\u2026 \u201clanded in 127th place out of 147 countries in the ranking.\u201d","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-171.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-171.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-171.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-171.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/image-171.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":232294,"url":"https:\/\/climatescience.press\/?p=232294","url_meta":{"origin":229366,"position":2},"title":"NetZero impossibility point? 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Siemens AG shares have plummeted over 70% since mid-June, with the company abandoning its 2023 profit outlook due to challenges in its wind turbine\u2026","rel":"","context":"In \"\u00d8rsted\"","block_context":{"text":"\u00d8rsted","link":"https:\/\/climatescience.press\/?tag=orsted-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":249061,"url":"https:\/\/climatescience.press\/?p=249061","url_meta":{"origin":229366,"position":5},"title":"Wall Street Journal makes fun of Germany’s energy policy: Coal Keeps Germany\u2019s Lights On","author":"uwe.roland.gross","date":"22\/03\/2023","format":false,"excerpt":"Berlin still plans to ban coal by 2030. 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