Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (33879)	5/18/2003 8:10:47 AM
From: smolejv@gmx.net	Respond to of 74559

>>I'll presume that in Germany most electricity is produced from coal and/or nuclear fuel sources?<< eia.doe.gov "Oil has accounted for roughly 41% of German total energy consumption every year since 1991... German energy consumption could reach 3.1 million barrels per day by 2005, with modest growth through 2020. Factors contributing to the future of German oil consumption are: the declining role of coal and nuclear power; Germany's rapidly increasing energy efficiency; and the country's Eco-Tax, which was introduced in 1999 and levies a tax on fossil fuels in an effort to discourage the use of polluting fuels. Motor gasoline and diesel fuels are heavily taxed in Germany, with Germans paying about two times more for motor gasoline than Americans, despite having the most competitive retail gasoline market in Europe. ... ...Natural gas consumption accounted for about 23% of total energy consumption in Germany in 2001. ... Coal's role in the German energy sector has stabilized in recent years and has accounted for about 23% of total energy consumption in Germany since 1997, falling from 30% in 1991. ... Germany has an installed electric capacity of 114 million kilowatts, which includes considerable excess generation capacity. Recent German estimates predict 14% growth in electricity consumption between 1999 and 2020. Concurrently, Germany has agreed to phase out nuclear power over the next two decades. Nuclear power, which currently accounts for almost one-third of the county's electricity generation, is likely to be replaced by a combination of gas-fired and coal-fired electricity as well as renewable energy. The consumption of renewable energy (including geothermal, solar, wind, wood and waste electric power), has increased dramatically since 1991. The consumption of renewable electricity, particularly wind power, has more than quadrupled since 1991, to 22.6 billion kilowatt hours in 2001, representing approximately 4% of the country's total electricity consumption..." ... from eia.doe.gov