Zeman: Renewables have no future

"I’m not convinced that renewable energy resources have a future, they wouldn’t’ be so widely used if it weren’t for subsidies," said Czech President Miloš Zeman during his visit to the Karlovy Vary region.

President Zeman repeated his support of coal as a source of energy and for continued coal mining. However, the Sokolov area which is a part of the region has taken measures to gradually lower coal mining.

According to Zeman, solar panels should be on rooftops instead of fields. Local mining company Sokolovská Uhelná is still the biggest in the region with an average salary of 34,000 CZK, so I wouldn’t kill the goose that lays the golden eggs, said Zeman, adding that the same debate is ongoing in neighboring Germany. 

All the hysteria is going to end badly, Germany already has the most expensive electricity, warned Zeman. Zeman believes Germany even may need to import electricity once it shuts down its nuclear power plants, because sometimes the wind doesn’t blow, and the sun doesn’t shine. Then, they will have to import it from where else but the Czech Republic, he added.

Current estimates show that mining can be expected to continue in the Sokol area for the next 20 years. In reality, it may be a much shorter period given all the pressure to stop coal mining and additional costs of emission permissions. While politicians from the region suggest using funds from emission permissions on planned restructuring, ecological organizations push for a higher mining fee and redistribution of funds.

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