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Does Germany’s LNG Strategy Make Sense?

OilPrice.com Tuesday, 23 April 2019
Europe’s largest economy is going through a monumental change due to the energy transition or ‘Energiewende’ as it’s called in Germany. Over the years significant amounts of private sector money and government subsidies have gone into renewables. Approximately $200 billion has been invested in wind turbines and photovoltaic cells to reduce the emission of greenhouse gasses. Despite the growing share of renewables, coal is still a significant part of the energy mix. Also, since the disaster at Fukushima, nuclear energy has…
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