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Germany pledges to shut down all of its nuclear facilities by 2022. With nuclear power supplying...

Germany pledges to shut down all of its nuclear facilities by 2022. With nuclear power supplying nearly 25% of the country's energy needs, it will be up to alternative sources to fill the void, a process Angela Merkel hopes to help along with a series of bills to be introduced next week.
Comments (13)
  • Yeah ! Go ahead, take your investments out of nuclear energy and invest in cooling fans and Greek's bonds. It still amazes me how irrational politicians had become. This is exactly what Germany needs right now after dissolution of it’s relative strength in the rest of the Europe that wants to work as socialists and live as capitalists. Green energy will help you with that. I guess this generation of politicians needs to go through another great depression to realize what economy is about and how to calculate energy flux density and it’s impact on long term growth. On the other hand, this moronic decision will be great for URA and DNN. After dropping few more points these instruments will rise substantially because there are still some rational people out there who understand that cloudy weather is an obstacles for all those solar panels that are supposed to replace nuclear plants.
    30 May 2011, 01:49 AM Reply Like
  • It's all well and good, but the fact of the matter is, the majority of the population now opposes nuclear power. The Green party has taken significant number of voters from both the FDP and the CDU in recent elections. It may well be that this decision never comes into reality, as people realize the real ramifications of the decision, as well as the bizarre situation where Germany will be forced to buy power generated at French nuclear power plants, but Merkel's coalition is reeling under the effects of Fukushima.


    Interestingly, the anti-Euro crowd tries to blame the recent losses on the bailouts, but the biggest issue in Germany today is nuclear.


    The other irony is that Germany is one of the few nations that has not had a government ordered blackout on news stories about Fukushima and look what happens. Democracy can be messy, but the US would not know this....
    30 May 2011, 05:33 AM Reply Like
  • Please provide some cites for those government ordered news blackouts.
    30 May 2011, 06:57 AM Reply Like
  • Nobby73,


    I have been somewhat amazed at the limited day to day media coverage of the Fukushima crisis.


    But, before I would actually believe in some conspiracy/cover-up theories, I would have to see some supporting data.


    I like Windsun33 would like to see some if such exists.


    Do you actually gave any?
    30 May 2011, 05:34 PM Reply Like
  • Good luck with replacing that 22% with renewables. Most of the best wind sites are already installed, so the majority would have to come from solar. But what I expect is a 10% increase in renewables and a 15% increase in what they buy from other countries.


    What they don't mention is that Germany also plans to build 22 to 30 new coal fired plants.
    30 May 2011, 03:43 AM Reply Like
  • There's a bunch of new NG pipelines scheduled or under construction for Europe, and I do not think Germany believes it can source it all from renewables, so I suspect that NG will be in the mix.


    I find it interesting how everyone immediately primes the anti-renewable guns as soon as any energy conversation emerges.


    That said, the Netherlands is pushing a all-renewable future harder than anyone else, so perhaps its neighbor is observing.
    30 May 2011, 10:38 AM Reply Like
  • The problems with NG might be an unstable supply, as I believe that much of it comes from Russia, and they have been known in the past to shut off gas to countries...


    As far as renewables, I have no quarrel with that, but over the past 20+ years it has been overhyped so much that I have built up a vast amount of skepticism about actual results vs projections and plans.
    30 May 2011, 09:58 PM Reply Like


    I think you might find this to be of interest. Natural gas has been considered by many to be a bridge energy source until other sources are more developed. Existing coal fired power plants can be easily and quickly converted to use natural gas.


    Disclosure: long Statoil (STO)
    31 May 2011, 03:55 PM Reply Like
  • So, what about nuclear plants in neighboring countries?
    30 May 2011, 07:25 AM Reply Like
  • Yeah considering there are 195 of them...

    30 May 2011, 10:40 AM Reply Like
  • Thanks KMI.


    Did not know about the NG expansion. Will it be Russia at the control valve for Germany's NG needs?


    30 May 2011, 11:17 AM Reply Like
  • Actually no, the plans I am thinking of are precisely to diversify Europe's purchases away from Russia.
    30 May 2011, 06:30 PM Reply Like
  • Offshore wind and Solar will only be able to make up around 5% of the power needs, under a best case scenario. The biggest change will be a move towards Natural Gas. All these things have already ramped up, though it remains to be seen how Germany initiates incentives. Previous solar incentives did not benefit German companies, though they were business friendly towards installers. Siemens (SI) has a large presence in offshore wind, though it is a very small portion of their revenues. Anyway, this is over 10 years away, with several changes of government likely to happen between now and then.


    I think these moves are also matched by Switzerland, who will retire their nuclear plants instead of allowing continued operation at each end-of-life, with the first shutdown likely in a few years. Barely over twelve years ago, some Swiss living near one of their oldest plants were given dosimeters; though I found it interesting that the types handed out were for casualty dose recording, and not for more normal monitoring.


    Clean Energy is a complete myth. Either there is an impact on building or acquiring that energy source, or plant, there is a disposal issue, or there is a pollution issue. When it comes to choices, end users often want lower cost energy. The current anti-nuclear movement is about the feeling of safety many people want. Fukushima was not unique is having spent fuel storage pools, and those seem to be a source of trouble in many plants around the world. While the electrical output for the footprint of the plant is quite good for nuclear, a mix of other energy production means could take it's place over time.


    Disclosure: no position in Siemens (SI)
    30 May 2011, 04:55 PM Reply Like
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