Last winter, on several occasions, Germany escaped only just large-scale power outages. Next winter the risk of large blackouts is even greater. The culprit for the looming crisis is the single most important instrument of German energy policy: the "Renewable Energy Law." The economic cost of a wide-scale blackout are measured in billions of Euros per day. The most important test of energy policy is now the stability of power – so far only the cost of the green energy transition has been focused upon. Because the federal government does not have the guts to start an overdue and fundamental debate about the usefulness of a 12-year-old, now totally outdated, "launch aid" called EEG, it now threatens to over-steer, with the green energy transition ending up in a crash. Fasten your seat belts. --Daniel Wetzel, Die Welt, 10 May 2012
