During my visit in the Bavarian Alps (near the Czech border) I noticed the effect of the famous German law that regulates the amount that is paid for green energy delivered to the grid. It is known that is has spurred a lot of investments in solar panels and windenergy parks.
Over here they tackled it a little bit different.
Someone with a little mountain river on his property has placed 4 turbines in the river. Each turbine delivers on average 250 KW of energy. The electric energy is delivered to the grid at a price of 11 eurocents per KWh, meaning a revenue of 240.000 euro per turbine per year. Depreciation, maintenance and interest is estimated by the locals at less than 200.000 euro per year.
So these 4 turbines give an income of 160.000 euro per year.
Not bad for a relatively small piece of land in the outback of Bavaria.
Beats farming.
