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Germany's solar panel industry, once a leader, is getting squeezed

nytimes.com

101–110 of 135 posts

Re: Germany's solar panel industry, once a leader, is getting squeezed

#101
post #46

Earlier quoted context omitted.

> German politicians should have taken their energy security more seriously back in the 2010s. Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways. To be fair, the US did much the same with China with regards to manufacturing. The US was begging its NATO allies across the Atlantic to have a…

> Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways This is hilarious because absolutely the same argument could be applied to most of Europe getting closely integrated economically with Germany through organisations such as the European Coal and Steel Community, European Economic Area, Eu…

The US is also right about China. Europe is just bad at this.

Re: Germany's solar panel industry, once a leader, is getting squeezed

#102
post #88

Earlier quoted context omitted.

A flat that cost 500-600K in Berlin would be rented out at 1000€ a month, that can’t increase more than the rent control allows. A mortgage would cost 3 times as much. So you’d be better off renting and investing the deposit, the stamp duty, notary costs and the 2000€ you save each month in government bonds.

Are you sure about these numbers? As ROI doesn't make any sense to me in context of the new investments built solely for rent. How does it work?

If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere. In the UK it may still be profitable because you can evict tenants for the lulz, so they have to accept that properties are not maintained and that children may die of mould.

We would be all better off if people invested in the stock market instead of “investing” in properties (including landlords)

Re: Germany's solar panel industry, once a leader, is getting squeezed

#103
post #102

Earlier quoted context omitted.

Are you sure about these numbers? As ROI doesn't make any sense to me in context of the new investments built solely for rent. How does it work?

If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere. In the UK it may still be profitable because you can evict tenants for the lulz, so they have to accept that properties are not maintained and that children may die of mould. We would be all better off if people invested in the stock market instead of “investing” in properties (including landlords)

> If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere.

Then, who builds the new apartments that people rent? If 50% of people in Germany rent and there is no ROI from building for rent, then who finances the new buildings??

Re: Germany's solar panel industry, once a leader, is getting squeezed

#104

Earlier quoted context omitted.

It really makes no sense to look at per capita figures this way. I am driving an electric car in Germany now and I built a new home with better insulation and I have LED lights. My per capita figures went way down, I am also taking my cargo bike in the city everywhere, so my per capita figures went down again. There's a very relevant question about the viability of energy intensive industries in Germany, but even tha…

It's not just you and your electric car - Germany has been the world leader in increasing energy efficiency for several decades - 35% reduction in housing and 12% in industry since 2000. I think the national target is a further 30% reduction by 2030. https://www.odyssee-mure.eu/publications/efficiency-trends-p...

What could Germany have accomplished otherwise if they had not focused on increasing efficiency?

Efficiency in of itself is not a useful work product. To game theory it - if you had an unlimited source of literally free energy, no one would waste time or effort on gaining efficiency. They would be working on making new products and services.

Every person or monetary unit working towards efficiency gains means those resources are not available on moving forward. It's basically the broken windows economic theory. You have to do a lot of this work just to keep up with previous outputs.

This is certainly reductionist, but I think it does bear out at least somewhat in real life. Instead of making a brighter lightbulb, you are focusing on getting the same lumen output out of the same watts. The goal of a lightbulb is not to be efficient - it's to output light. Efficiency is simply a design constraint.

I can spend my money adding new insulation to make my current home more efficient - or I can spend that same money adding a spare room as an addition to my property and increasing my quality of life. If I have to spend that money just to keep my heating bill the same it was 20 years prior, that's money I can't spend elsewhere.

Re: Germany's solar panel industry, once a leader, is getting squeezed

#105
post #99
post #69

Earlier quoted context omitted.

> Most people in Germany can't afford to buy an apartment Most people in Germany don’t buy the apartments they live in, because renting in Germany gives you more or less the same rights as owning a leasehold flat in the UK. If you really want to buy a flat, tax-wise it is more convenient to rent it out and rent another one to live in. In many cities there are rent control mechanisms that make renting extremely cheape…

It's super difficult to rent a flat in Western Germany. There are literally long queues for viewing a single flat in Berlin. It's slightly better in the rest of Germany, but still difficult.

It is extremely hard also in London, I know people that have been searching for months. Here tenants practically have no protections, it’s like renting on Airbnb, rents increase at random every year.

The rest of the country is a suburban wasteland

Re: Germany's solar panel industry, once a leader, is getting squeezed

#106
post #102

Earlier quoted context omitted.

If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere. In the UK it may still be profitable because you can evict tenants for the lulz, so they have to accept that properties are not maintained and that children may die of mould. We would be all better off if people invested in the stock market instead of “investing” in properties (including landlords)

> If landlords are forced to follow all regulations, the ROI on renting doesn’t work anywhere. Then, who builds the new apartments that people rent? If 50% of people in Germany rent and there is no ROI from building for rent, then who finances the new buildings??

I don’t know, maybe local authorities build them or probably new apartments are exempt from rent controls. But even in London, where my neighbour pays £3500K a month to rent a 65sqm flat, the landlord is earning much less than they would if they invested in the stock market. And they would be actually losing money if they carried out repairs, instead of having their tenant living like a rat.

Re: Germany's solar panel industry, once a leader, is getting squeezed

#107
post #5

Germany's energy production is below 1970s levels and their per capita figures are in a grim state [0]. As with much of Europe, it makes for worrying reading. It would be extremely impressive if they can remain a manufacturing leader through this. If there is less energy, someone will have to use less energy. As far as I can tell that means either compromising living standards or giving up some heavy manufacturing. I…

It is very bad doing analysis of Germany between 1950 - 1990 as there was no unified economic but just two states. The Eastern German communist economy was just very inefficient, very energy hungry (and thus it failed 1989). So this trend isnt not bad.

Re: Germany's solar panel industry, once a leader, is getting squeezed

#108
post #46

Earlier quoted context omitted.

> German politicians should have taken their energy security more seriously back in the 2010s. Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways. To be fair, the US did much the same with China with regards to manufacturing. The US was begging its NATO allies across the Atlantic to have a…

> Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways This is hilarious because absolutely the same argument could be applied to most of Europe getting closely integrated economically with Germany through organisations such as the European Coal and Steel Community, European Economic Area, Eu…

>Now they have and they won't fucking shut up about China, which is annoying, same as it was back when it was about Russia.

Why is it annoying?

Re: Germany's solar panel industry, once a leader, is getting squeezed

#109
post #46

Earlier quoted context omitted.

> German politicians should have taken their energy security more seriously back in the 2010s. Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways. To be fair, the US did much the same with China with regards to manufacturing. The US was begging its NATO allies across the Atlantic to have a…

> Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways This is hilarious because absolutely the same argument could be applied to most of Europe getting closely integrated economically with Germany through organisations such as the European Coal and Steel Community, European Economic Area, Eu…

> This is hilarious because absolutely the same argument could be applied to most of Europe getting closely integrated economically with Germany through organisations such as the European Coal and Steel Community, European Economic Area, European Union. Germany is a nation with a long history of imperialism and autocracy, why did they do it? Was France stupid to risk depending on a country that invaded them thrice in the last century?

There's a major, major difference between postwar (West) Germany and post-USSR Russia: France, the UK, and US all had troops stationed in Germany with enough manpower to crush any aggression on the part of the Germans. Obviously there were never troops of another country stationed in Russia to keep them down and reform the country's government, so the autocracy, oligarchy and imperialism continued.

> The general hope was that economic integration will lead to closer relations and liberalisation in Russia (like it did in most of Eastern Europe). It sadly didn't happen, but it wasn't that out of the question.

That's the line we're typically fed but that was only going to happen in minor/middle power countries. I think they knew this at the time but didn't have any real way to do anything else with regards to Russia and China, and of course, the market demanded an unending flow of cheap natural gas and electronics, and who is the post-WWII world order to deny the shareholders?

> Yes, because the US was doing this even when Russia was on its best behaviour, so it really really looked like nobody in the US had remembered to update the "who to be scared of" instructions. Now they have and they won't fucking shut up about China, which is annoying, same as it was back when it was about Russia.

Russia was never on its best behavior. It was flattening Grozny with artillery fire in the 90s. Oligarchs had subverted the transfer to the market economic system through voucher dilution/theft. Government openly collaborated with the Bratva. Corruption was rampant. Former KGB agents responsible for being the iron fist of single-party totalitarianism through imprisonment and murder were free to place themselves in the halls of power and undermine budding democratic traditions through false flag attacks and violations of human rights in the open.

And now, we see this with China. People look at a country that spent the first decade-and-a-half of its digital transformation hacking international targets and wonder why no one wants Huawei telecoms infrastructure or TikTok installed on half of the phones in the country.

Re: Germany's solar panel industry, once a leader, is getting squeezed

#110
post #108
post #46

Earlier quoted context omitted.

> Energy security AND national security. It was insane to build an economy on natural gas from a country with a long history of imperialism and autocracy, but Germans did it anyways This is hilarious because absolutely the same argument could be applied to most of Europe getting closely integrated economically with Germany through organisations such as the European Coal and Steel Community, European Economic Area, Eu…

>Now they have and they won't fucking shut up about China, which is annoying, same as it was back when it was about Russia. Why is it annoying?

Because it's generic CHINA BAD FUD without much substance. GCHQ, the UK's equivalent to the NSA, did a review of Huawei networking hardware and found it is's as insecure as equivalents from Cisco and Juniper. Yet there was a whole media FUD campaign to claim Huawei have backdoors, and the USA pushed every ally to ban Huawei equipment over those security "fears" that were completely and totally unfounded.

Instead of focusing on the actual stuff like the concentration camps or abusive work practices or neoimperialism.

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