Thus the national average consumer pricewas 4.20/0.16 = 26.3 eurocents/kWh.
http://de.wikipedia.org/wiki/Erneuerbare-Energien-Gesetz
http://www.erneuerbare-energien.de/files/pdfs/allgemein/application/pdf/ee_in_deutschland_graf_tab.pdf
http://www.ag-energiebilanzen.de/viewpage.php?idpage=65
.
Notes:
- In 2011, Germany had the 2nd highest household electric rate in Europe, Denmark was No.1 at 30.5 eurocents/kWh.
- The 2011 EEG apportionment reflects the energy production of the renewable systems installed PRIOR to 2011.
Renewables Build-out: As the phase-out of the nuclear plants proceeds and to meet Germany's self-imposed 2020 CO2 emissions targets, the following will need to be installed during the next 9 years to augment the renewables energy production from 101.8 TWh in 2010, or 16.8% of production, to 344 TWh in 2020, or 57% of production.
- About 53,300 MW of NEW offshore and 696 MW of NEW onshore wind capacity (about 2 times existing, buildrate about 6,000 MW/yr)
- About 64,680 MW of NEW solar capacity (almost 4 times existing, buildrate about 7,000 MW/yr)
- About 1,400 MW of NEW biomass capacity (about 0.3 times existing, buildrate about 150 MW/yr)
This reference shows how the above renewables capacities were calculated.
Thus the national average consumer pricewas 4.20/0.16 = 26.3 eurocents/kWh.
http://de.wikipedia.org/wiki/Erneuerbare-Energien-Gesetz
http://www.erneuerbare-energien.de/files/pdfs/allgemein/application/pdf/ee_in_deutschland_graf_tab.pdf
http://www.ag-energiebilanzen.de/viewpage.php?idpage=65
.
Notes:
- In 2011, Germany had the 2nd highest household electric rate in Europe, Denmark was No.1 at 30.5 eurocents/kWh.
- The 2011 EEG apportionment reflects the energy production of the renewable systems installed PRIOR to 2011.
Renewables Build-out: As the phase-out of the nuclear plants proceeds and to meet Germany's self-imposed 2020 CO2 emissions targets, the following will need to be installed during the next 9 years to augment the renewables energy production from 101.8 TWh in 2010, or 16.8% of production, to 344 TWh in 2020, or 57% of production.
- About 53,300 MW of NEW offshore and 696 MW of NEW onshore wind capacity (about 2 times existing, buildrate about 6,000 MW/yr)
- About 64,680 MW of NEW solar capacity (almost 4 times existing, buildrate about 7,000 MW/yr)
- About 1,400 MW of NEW biomass capacity (about 0.3 times existing, buildrate about 150 MW/yr)
This reference shows how the above renewables capacities were calculated.
http://theenergycollective.com/willem-post/67528/german-nuclear-phase-out-and-renewables-build-out
Renewables investments, subsidies, and EEG apportionments will increase, even though the feed-in tariffs for later solar installations are less/kWh than for earlier installations.
EEG Subsidy Projection: In this study the subsidy was calculated using the following assumptions and conditions;
- The annual production remains constant at 603 TWh in 2010 through 2020 due to increased energy efficiency.
- The renewable energy is 16.8% of production in 2010, or 101.8 TWh, and 57% , or 344 TWh in 2020.
- The build-out starts the beginning of 2012 and ends the end of 2020, i.e., 9 years, for calculation purposes.
- The EEG percentage remains at 79% of renewables production.
- The EEG subsidy remains constant at 15.85 eurocent/kWh from 2012 to 2020; a conservative value because it should be rising due to the more expensive offshore build-out being added to the renewables mix.
- The EEG apportionment increases at a constant 1.25 eurocent/kWh each year from 2013 to 2021; a conservative value
Thus the national average consumer pricewas 4.20/0.16 = 26.3 eurocents/kWh.
http://de.wikipedia.org/wiki/Erneuerbare-Energien-Gesetz
http://www.erneuerbare-energien.de/files/pdfs/allgemein/application/pdf/ee_in_deutschland_graf_tab.pdf
http://www.ag-energiebilanzen.de/viewpage.php?idpage=65
.
Notes:
- In 2011, Germany had the 2nd highest household electric rate in Europe, Denmark was No.1 at 30.5 eurocents/kWh.
- The 2011 EEG apportionment reflects the energy production of the renewable systems installed PRIOR to 2011.
Renewables Build-out: As the phase-out of the nuclear plants proceeds and to meet Germany's self-imposed 2020 CO2 emissions targets, the following will need to be installed during the next 9 years to augment the renewables energy production from 101.8 TWh in 2010, or 16.8% of production, to 344 TWh in 2020, or 57% of production.
- About 53,300 MW of NEW offshore and 696 MW of NEW onshore wind capacity (about 2 times existing, buildrate about 6,000 MW/yr)
- About 64,680 MW of NEW solar capacity (almost 4 times existing, buildrate about 7,000 MW/yr)
- About 1,400 MW of NEW biomass capacity (about 0.3 times existing, buildrate about 150 MW/yr)
This reference shows how the above renewables capacities were calculated.
http://theenergycollective.com/willem-post/67528/german-nuclear-phase-out-and-renewables-build-out
Renewables investments, subsidies, and EEG apportionments will increase, even though the feed-in tariffs for later solar installations are less/kWh than for earlier installations.
EEG Subsidy Projection: In this study the subsidy was calculated using the following assumptions and conditions;
- The annual production remains constant at 603 TWh in 2010 through 2020 due to increased energy efficiency.
- The renewable energy is 16.8% of production in 2010, or 101.8 TWh, and 57% , or 344 TWh in 2020.
- The build-out starts the beginning of 2012 and ends the end of 2020, i.e., 9 years, for calculation purposes.
- The EEG percentage remains at 79% of renewables production.
- The EEG subsidy remains constant at 15.85 eurocent/kWh from 2012 to 2020; a conservative value because it should be rising due to the more expensive offshore build-out being added to the renewables mix.
- The EEG apportionment increases at a constant 1.25 eurocent/kWh each year from 2013 to 2021; a conservative value
It may become 6.5 - 7.5 eurocent/kWh in 2014.
http://www.germanenergyblog.de/?p=7846
Based on the above assumptions and conditions, the EEG subsidy are estimated to rise from 12.8 bn euros in 2010 to 43.1 bn euros in 2021, for a total of 321.67 bn euros for the 2012 - 2021 period.
The revenue from selling the EEG energy is estimated at 101.45 bn euros for the 2012 - 2021 period.
The net cost
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
They act as a steadily-increasing regressive tax that will affect lower income households more than higher income households, many of which receive feed-in tariff benefits from having solar systems; an inequitable condition.
http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html
http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html
http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html
http://en.wikipedia.org/wiki/Solar_power_in_Germany
http://www.diw.de/sixcms/media.php/73/diw_wr_2011-06.pdf
http://www.econstor.eu/bitstream/10419/19388/1/358.pdf
http://www.bmu.de/files/english/pdf/application/pdf/ee_in_zahlen_2010_en_bf.pdf
http://www.polderpv.nl/EEG_impact_BRD.htm
http://www.polderpv.nl/PV_weltmeister_2010_II.htm
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS
This is a summary of my estimate of the capital costs and other costs for phase-out the nuclear plants, restoring the sites, adding fossil plants to replace nuclear plants, building out renewables to replace nuclear energy, adding wind and solar energy balancing plants, reorganizing electric grids and increased energy efficiency over 9 years to satisfy Germany's self-imposed 2020 CO2 emissions targets
The capital cost estimate appears too low, the cost savings, much more difficult to estimate, appear much too great.
Example showing EIA capital cost estimates are much too low: Siemens estimates the total price tag of meeting Germany’s renewable, energy efficiency and CO2 emissions goals at about 1.7 trillion euros ($2.26 trillion) by 2030; the estimate includes decommissioning nuclear plants, energy storage and CO2 sequestering systems.
http://www.reuters.com/article/2012/01/17/us-siemens-energy-idUSTRE80G10920120117
Remember that does not get Germany to its energy and CO2 emission goals by 2050, which would be about another 1.7 trillion euros ($2.26 trillion), for a total of $4.5 trillion by 2050.
If the US were to follow Germany's course, the cost would be about ($14.5 trillion, US GDP)/($3.5 trillion, German GDP) x $2.26 trillion = $9.36 trillion, plus about another $9.36 trillion for 2050 emission goals, for a total of about $18.7 trillion by 2050.
The US cost likely would be even greater as it is more spread-out than Germany and more of its aging electrical systems would need to be upgraded and replaced.
It is 100% sure, the US will NOT follow on that course anytime soon, if ever, and almost all other nations will not either.
Additional estimates of capital and other costs are in these URLs.
http://theenergycollective.com/willem-post/67528/german-nuclear-decommissioning-and-renewables-build-out
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
IMPACT OF NUCLEAR PHASE-OUT ON THE GERMAN ECONOMY
The existing power generation system is based on 60% fossil, 23% nuclear and 16.8% renewables
The capital cost estimate appears too low, the cost savings, much more difficult to estimate, appear much too great.
Example showing EIA capital cost estimates are much too low: Siemens estimates the total price tag of meeting Germany’s renewable, energy efficiency and CO2 emissions goals at about 1.7 trillion euros ($2.26 trillion) by 2030; the estimate includes decommissioning nuclear plants, energy storage and CO2 sequestering systems.
http://www.reuters.com/article/2012/01/17/us-siemens-energy-idUSTRE80G10920120117
Remember that does not get Germany to its energy and CO2 emission goals by 2050, which would be about another 1.7 trillion euros ($2.26 trillion), for a total of $4.5 trillion by 2050.
If the US were to follow Germany's course, the cost would be about ($14.5 trillion, US GDP)/($3.5 trillion, German GDP) x $2.26 trillion = $9.36 trillion, plus about another $9.36 trillion for 2050 emission goals, for a total of about $18.7 trillion by 2050.
The US cost likely would be even greater as it is more spread-out than Germany and more of its aging electrical systems would need to be upgraded and replaced.
It is 100% sure, the US will NOT follow on that course anytime soon, if ever, and almost all other nations will not either.
Additional estimates of capital and other costs are in these URLs.
http://theenergycollective.com/willem-post/67528/german-nuclear-decommissioning-and-renewables-build-out
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
IMPACT OF NUCLEAR PHASE-OUT ON THE GERMAN ECONOMY
The existing power generation system is based on 60% fossil, 23% nuclear and 16.8% renewables
The capital cost estimate appears too low, the cost savings, much more difficult to estimate, appear much too great.
Example showing EIA capital cost estimates are much too low: Siemens estimates the total price tag of meeting Germany’s renewable, energy efficiency and CO2 emissions goals at about 1.7 trillion euros ($2.26 trillion) by 2030; the estimate includes decommissioning nuclear plants, energy storage and CO2 sequestering systems.
http://www.reuters.com/article/2012/01/17/us-siemens-energy-idUSTRE80G10920120117
Remember that does not get Germany to its energy and CO2 emission goals by 2050, which would be about another 1.7 trillion euros ($2.26 trillion), for a total of $4.5 trillion by 2050.
If the US were to follow Germany's course, the cost would be about ($14.5 trillion, US GDP)/($3.5 trillion, German GDP) x $2.26 trillion = $9.36 trillion, plus about another $9.36 trillion for 2050 emission goals, for a total of about $18.7 trillion by 2050.
The US cost likely would be even greater as it is more spread-out than Germany and more of its aging electrical systems would need to be upgraded and replaced.
It is 100% sure, the US will NOT follow on that course anytime soon, if ever, and almost all other nations will not either.
Additional estimates of capital and other costs are in these URLs.
http://theenergycollective.com/willem-post/67528/german-nuclear-decommissioning-and-renewables-build-out
http://www.welt.de/dieweltbewegen/article13506987/Energiewende-kostet-335-Milliarden-Euro.html
IMPACT OF NUCLEAR PHASE-OUT ON THE GERMAN ECONOMY
The existing power generation system is based on 60% fossil, 23% nuclear and 16.8% renewables