Our Solar And Wind Import-Export Failures
Germany gets almost one-third of its electricity from renewables, two-thirds of this from non-hydro renewables (solar and wind). The U.S. gets 13 percent of its total electricity from renewables, but more than half comes from hydro.
Clearly Germany is way ahead in terms of its solar and wind revolution. And one rarely noted part of that lead is the positive effects this has on imports and exports to neighboring countries.
Consider these figures: Germany in the first six months of this year had an electricity export surplus of 18 Terawatt hours, and is well on its way to having its third annual electricity export record in a row. The U.S., by way of comparison, imported almost 60 million megawatts from Canada last year while exporting just 11.4 megawatts. And even with our southern neighbor, Mexico , we imported 1.3 million megawatts while exporting just a bit more than 603,000 megawatts.
Our country has a lousy trade balance. In dollar terms, part of this includes a lousy electricity balance. More solar and wind systems can help redress this imbalance. So maybe we should try harder here.
My latest book is The Devil’s Dictionary of Wall Street
My favorite new book from another author is a humorous graphic novel titled The Big Belch…
http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Ddigital-text&field-keywords=The Big Belch