115
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Sep 2023
115 points (82.1% liked)
Europe
8324 readers
1 users here now
News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺
(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures
Rules
(This list is obviously incomplete, but it will get expanded when necessary)
- Be nice to each other (e.g. No direct insults against each other);
- No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
- No posts linking to mis-information funded by foreign states or billionaires.
Also check out !yurop@lemm.ee
founded 1 year ago
MODERATORS
2022 Chinese renewable energy subsidies totalled 600 million USD. That's peanuts.
2020 Chinese renewable energy subsidies totalled 807 million USD.
Germany, meanwhile, allocated 4 billion euros annually to subsidize electricity prices for industry.
I was talking about 2010..2015 but you cited very recent numbers. I was talking about producers of polysilicon and panels, your numbers are for solar farms/wind farms/biomass generators. And they don't seem to be complete, either.
This plan is opposed by the chancelor and the minister of finance. Safe to say it won't happen this year.
The link you sent refers to subsidies from previous years that haven't actually been paid out yet. The Chinese government did the classic play of "here's some subsidies jokes haha we'll totally pay you ten years later if you're not bankrupt by then haha."
So... Thanks for helping my point, I guess? For a historical perspective, China's solar PV subsidies have been almost entirely demand-side with the exception of academic research grants, national labs, and poverty-alleviating policies.
It's not like subsidizing an emerging industry is that unusual: the problem is usually when people keep subsidizing output from that industry after it's a mature competitor. German subsidies were at, what, 37c/kWh with 8877MW (8760 hours per year, 25% typical daily efficiency) installed in 2010? Those subsidies are massive, so either Germany is incompetent at solar PV development or neoliberal policies don't work and the government should have been more active in managing the nascent industry.
But you do realize that you quoted numbers for the wrong part of the economy in the wrong timeframe!?
Please let me know when you find any proof of that. There's a reason why there is an entire solar supply chain concentrated in Xinjiang, rather than some more developed coastal region. (It's subsidies.)
(it's cheaper labour and the fact that Xinjiang is literally the perfect place to deploy solar)