{"id":275881,"date":"2023-08-27T16:43:21","date_gmt":"2023-08-27T14:43:21","guid":{"rendered":"https:\/\/climatescience.press\/?p=275881"},"modified":"2023-08-27T16:43:24","modified_gmt":"2023-08-27T14:43:24","slug":"germanys-ministry-of-economic-projects-gas-electricity-prices-to-rise-to-painful-levels","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=275881","title":{"rendered":"Germany\u2019s Ministry Of Economic Projects Gas, Electricity Prices To Rise To Painful Levels"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

From NoTricksZone<\/a><\/p>\n\n\n\n

By\u00a0P Gosselin<\/a>\u00a0on\u00a0<\/em>26. August 2023<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

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

Germany\u2019s so-called Energiewende is leading to lots of economic pain as energy prices are projected to keep rising until 2040.<\/mark><\/em><\/strong><\/p>\n\n\n\n

Some 20 years ago, the German Greens and Socialists, who were in power, promised green energies, primarily from wind and sun, would be cheap, plentiful and clean in the future. In 2004, then Environment Minister\u00a0J\u00fcrgen Trittin (Green Party) even promised<\/a>\u00a0that green energy wouldn\u2019t rise more than the cost of a single scoop of ice cream per month. A fairy tale.<\/p>\n\n\n\n

Since then, electricity prices have skyrocketed. A typical German household is now paying nearly 1,800 euros annually:<\/p>\n\n\n\n

\"\"
Electricity price for private households in Germany with an electricity consumption of 4,000 kWh in the years 2004 to 2022. Source:\u00a0Statista<\/a>. Published by\u00a0n\u00a0V. Pawlik<\/a>, August 1,\u00a02023.<\/em><\/figcaption><\/figure>\n\n\n\n

Today, Germany\u2019s energy costs are among the highest in the world, and there\u2019s no relief in sight. Moreover, the majority of Germany\u2019s total energy needs still remains supplied by fossil fuels, like coal, natural gas and petroleum.<\/p>\n\n\n\n

40 cents a kwh<\/strong><\/p>\n\n\n\n

Blackout News here reports<\/a>\u00a0that Germany\u2019s\u00a0 Ministry of Economics, headed by Robert Habeck (Green Party, now projects \u201cthe price of electricity will initially drop a little, but over time, it is expected to gradually rise to as much as 40 cents per kWh over the next few years.\u201d<\/em><\/p>\n\n\n\n

\u201cSo far, Economics Minister Robert Habeck has repeatedly emphasized that electricity will become cheaper again with the expansion of renewable energies. However, the forecasts from his own ministry contradict this,\u201d reports\u00a0<\/em>Blackout News<\/a>. \u201cFor the years 2024 and 2025, the ministry expects a price of exactly 37 cents per kWh. Thereafter, a moderate increase is expected, eventually reaching a peak of 40.27 cents per kWh in 2042.\u201d<\/em><\/p>\n\n\n\n

Natural gas prices are also projected to rise to painful levels. The are forecast to rise to 16.56 cents per kWh by 2040.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Germany\u2019s so-called Energiewende is leading to lots of economic pain as energy prices are projected to keep rising until 2040.<\/p>\n","protected":false},"author":121246920,"featured_media":275889,"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":[691819691,691818051,691818218,691822126,691820971],"class_list":{"0":"post-275881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-electricity-prices","9":"tag-germany","10":"tag-greens","11":"tag-ministry-of-economic-projects","12":"tag-spd-socialists","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/image-1004.png?fit=1240%2C930&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-19LH","jetpack-related-posts":[{"id":286917,"url":"https:\/\/climatescience.press\/?p=286917","url_meta":{"origin":275881,"position":0},"title":"Economics Minister Habeck warns of energy prices that threaten the company’s existence and declining prosperity","author":"uwe.roland.gross","date":"06\/11\/2023","format":false,"excerpt":"How great is the economic damage caused by the nuclear power plant closure decided by the traffic light remit really? With billions of taxpayers' money, the subsidized industrial electricity price for the chemical, automotive and steel industries is now supposed to fix it so that our economy does not collapse.\u2026","rel":"","context":"In \"BMWK\"\"","block_context":{"text":"BMWK\"","link":"https:\/\/climatescience.press\/?tag=bmwk"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0Screenshot-2023-11-06-210019.png?fit=1025%2C892&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0Screenshot-2023-11-06-210019.png?fit=1025%2C892&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0Screenshot-2023-11-06-210019.png?fit=1025%2C892&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0Screenshot-2023-11-06-210019.png?fit=1025%2C892&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":206473,"url":"https:\/\/climatescience.press\/?p=206473","url_meta":{"origin":275881,"position":1},"title":"German Energy Crisis: Economics Minister Tells Citizens to Shower Less, Colder\u2026\u201d Gas Bills to Triple\u201d!","author":"uwe.roland.gross","date":"29\/06\/2022","format":false,"excerpt":"Germany\u2019s\u00a0Energiewende\u00a0is unraveling faster than anyone could have expected\u00a0 Economics Minister\u00a0Robert Habeck\u00a0(Greens) says he is now taking less showers and advises citizens to do the same \u2013 in order to fight Putin (and of course because there\u2019s an extreme shortage of gas and no one knows how the country will be\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0721e2975af91666800478a2e4e2f4ce1_original.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0721e2975af91666800478a2e4e2f4ce1_original.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0721e2975af91666800478a2e4e2f4ce1_original.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0721e2975af91666800478a2e4e2f4ce1_original.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0721e2975af91666800478a2e4e2f4ce1_original.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":360583,"url":"https:\/\/climatescience.press\/?p=360583","url_meta":{"origin":275881,"position":2},"title":"Germany Already Rationing Energy\u2026\u201d Avoid Using Electric Appliances Until After 11 A.M.!","author":"uwe.roland.gross","date":"05\/01\/2025","format":false,"excerpt":"Welcome to Germany\u2019s green economic miracle. 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