A new report by consulting giant McKinsey finds that Germany’s Energiewende, or energy transition to renewables, poses a significant threat to the nation’s economy and energy supply. One of Germany’s largest newspapers, Die Welt, summarized the findings of the McKinsey report in a single word: “disastrous.” “Problems are manifesting in all three dimensions of the energy industry triangle: climate protection, the security of supply and economic efficiency,” writes McKinsey. … Read More →