Berliner Boersenzeitung - Germany to switch off last remaining nuclear plants

EUR -
AED 4.099809
AFN 72.553589
ALL 90.353827
AMD 402.315278
ANG 1.997773
AOA 1024.678639
ARS 1725.279987
AUD 1.626075
AWG 2.009175
AZN 1.90106
BAM 1.946164
BBD 2.248268
BDT 139.173997
BGN 1.950943
BHD 0.420978
BIF 3359.786362
BMD 1.116208
BND 1.427066
BOB 13.238627
BRL 6.235257
BSD 1.116298
BTN 104.906963
BWP 15.314377
BYN 3.342325
BYR 21877.678637
BZD 2.245034
CAD 1.583922
CDF 2584.022076
CHF 0.921429
CLF 0.02791
CLP 1098.449375
CNY 7.445498
CNH 7.453385
COP 3691.143897
CRC 504.91124
CUC 1.116208
CUP 26.790348
CVE 110.755734
CZK 24.346618
DJF 198.372112
DKK 7.475407
DOP 67.775229
DZD 152.376104
EGP 59.51856
ERN 16.743121
ETB 181.685426
FJD 2.523133
FKP 0.831748
GBP 0.83659
GEL 2.891137
GGP 0.831748
GHS 13.070484
GIP 0.831748
GMD 82.599835
GNF 9895.184976
GTQ 8.529841
GYD 233.901835
HKD 8.756965
HNL 30.005428
HRK 7.555624
HTG 146.318779
HUF 364.37831
IDR 20177.69371
ILS 3.552835
IMP 0.831748
INR 104.600963
IQD 1692.236051
IRR 2127576.342113
ISK 136.623451
JEP 0.831748
JMD 177.166727
JOD 0.791414
JPY 177.252707
KES 144.996187
KGS 97.612181
KHR 4554.129257
KMF 490.01522
KPW 1004.587241
KRW 1499.123185
KWD 0.347219
KYD 0.930207
KZT 498.369022
LAK 25125.926583
LBP 99960.545191
LKR 370.981394
LRD 189.75448
LSL 18.30025
LTL 3.295872
LVL 0.675183
LYD 7.155633
MAD 10.889075
MDL 20.058948
MGA 5064.988765
MKD 61.531389
MMK 2343.698252
MNT 4019.967714
MOP 9.01908
MRU 45.039279
MUR 52.372472
MVR 17.200606
MWK 1935.641679
MXN 20.792504
MYR 4.526222
MZN 71.337049
NAD 18.300087
NGN 1504.770995
NIO 41.077525
NOK 10.613019
NPR 167.852637
NZD 1.992482
OMR 0.429182
PAB 1.116288
PEN 3.804348
PGK 5.013311
PHP 70.522583
PKR 308.724149
PLN 4.396091
PYG 6891.033377
QAR 4.069088
RON 5.343511
RSD 117.59587
RUB 92.840226
RWF 1651.544568
SAR 4.197407
SBD 9.03827
SCR 15.657695
SDG 671.39831
SEK 11.025898
SGD 1.431045
SHP 0.830543
SLE 25.617128
SLL 23406.33053
SOS 637.94692
SRD 41.909123
STD 23103.253925
STN 24.379829
SVC 9.767853
SYP 14512.937283
SZL 18.305524
THB 37.543645
TJS 10.258223
TMT 3.91789
TND 3.326827
TOP 2.687561
TRY 56.069925
TTD 7.570683
TWD 36.83118
TZS 2950.338985
UAH 50.772166
UGX 4554.44864
USD 1.116208
UYU 45.166761
UZS 13366.93336
VES 1001.439856
VND 28574.9272
VUV 133.946208
WST 3.103174
XAF 655.957
XAG 0.021666
XAU 0.000276912872
XCD 3.016608
XCG 2.011766
XDR 0.789217
XOF 655.957
XPF 119.331742
YER 263.985148
ZAR 18.456834
ZMK 10047.217754
ZMW 22.743386
ZWL 359.418551
SSP 6413.524713
MXV 2.336848
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Germany to switch off last remaining nuclear plants
Germany to switch off last remaining nuclear plants / Photo: Daniel ROLAND - AFP

Germany to switch off last remaining nuclear plants

Germany will shut down its three remaining nuclear plants on Saturday, betting that it can fulfil its green ambitions without atomic power despite the energy crisis caused by the Ukraine war.

Text size:

The cloud of white steam that has risen since 1989 over the river in Neckarwestheim, near Stuttgart, will soon be a distant memory, as will the Isar 2 complex in Bavaria and the Emsland plant in the north.

At a time when many Western countries are ramping up nuclear power in their transition to greener energy sources, Europe's biggest economy is resolutely sticking to its plans -- though not everyone is in agreement.

Germany has been looking to phase out nuclear power since 2002, but the decision was accelerated by former chancellor Angela Merkel in 2011 after the Fukushima disaster in Japan.

Fukushima showed that "even in a high-tech country like Japan, the risks of nuclear energy cannot be safely controlled", Merkel said at the time.

The exit decision was popular in a country with a powerful anti-nuclear movement fuelled by fears of Cold War conflict and disasters such as Chernobyl.

But Russia's invasion of Ukraine in February 2022 threatened to upend the plans, putting an end to cheap Russian gas and throwing the country into an unprecedented energy crisis.

- 'Turned too far' -

Just a few months before Germany's last three remaining plants were due to be turned off on December 31, 2022, the tide of public opinion began to turn.

"With high energy prices and the hot topic of climate change, there have of course been calls to extend the power plants," said Jochen Winkler, the mayor of Neckarwestheim.

The government of Chancellor Olaf Scholz, which includes the fiercely anti-nuclear Greens, agreed to extend the life of the plants to April 15.

"There might have been a new discussion if the winter had been more difficult, if there had been power cuts and gas shortages. But we had a winter without too many problems" thanks to accelerated liquefied natural gas (LNG) imports, Winkler said.

Neckarwestheim has around 4,000 inhabitants, more than 150 of whom work at the plant -- but Winkler is philosophical about the decision.

"The wheel has already been turned too far" and there is no point "going backwards" and reversing the process, he said.

Sixteen reactors have been closed in Germany since 2003.

The three final plants provided six percent of Germany's energy last year, compared with 30.8 percent from all nuclear plants in 1997.

Meanwhile, Germany produced 46 percent of its energy from renewables in 2022, up from less than 25 percent a decade ago.

- Ambitious energy targets -

But the current rate of progress on renewables will not be enough for Germany to meet its own targets, much to the ire of environmental campaigners.

These targets "are already ambitious without the nuclear phase-out -- and every time we deprive ourselves of a technological option, we make things more difficult," said Georg Zachmann, an energy specialist at the Brussels-based Bruegel think tank.

The equation is even more complex given the goal of shutting down all coal-fired power plants in the country by 2038, with a first wave of closures in 2030.

Coal still accounts for a third of German electricity production, with an eight percent increase last year to compensate for the loss of Russian gas after Moscow cut supplies in response to Western sanctions over its Ukraine invasion.

The country would need to install "four to five wind turbines a day" over the next few years to meet its needs, Scholz has warned -- a tall order given that just 551 were installed last year.

Germany also needs to more than double the rate at which it is installing photovoltaic equipment, according to the Agora Energiewende think tank.

A series of regulatory relaxations have been adopted in recent months in a bid to help speed up planning processes.

Planning and approval for a wind power project currently takes an average of four to five years, according to industry association BWE.

Even shortening this by one or two years would be "a considerable step forward", it said.

(K.Müller--BBZ)