Finance Friday – May 13, 2016

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87%.

This past Sunday, May 8, for a brief time Germany produced 87% of its total energy consumption from wind and solar. Power prices were actually negative for a few hours.

Germany, 4th largest economy in the world.

Of course this doesn’t happen every day.  Of course there has been some up-front cost to the country’s shift to renewables infrastructure.  But it happened, and it will happen more and more.

You can read more here, here, and here.

 

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