Germany’s next nuclear reactor closure on December 31st
German nuclear exit continues as planned with next reactor to close Dec 31, https://www.spglobal.com/platts/en/market-insights/podcasts/crude/122319-capitol-crude-oil-market-top-geopolitical-risks-2020. Andreas Franke Editor. Dan Lalor — Germany’s planned phasing out of nuclear power will continue with the closure next Tuesday of the 1.5 GW Philippsburg 2, leaving six reactors with a combined 8 GW online for the next 2-3 years. Federal environment minister, Svenja Schulze, said in a statement that the consensus in Germany behind the nuclear phase-out was “rock solid”. The last reactor will close by the end of 2022. “The nuclear exit makes our country safer [as it avoids radioactive waste]…It is important to emphasize in times when some propagate nuclear power as supposed climate savior that it solves no single problem, but creates new problems for a million years,” Schulze said. Germany decided in 2011 amid the aftermath of the Fukushima nuclear accident in Japan to immediately close reactors built before 1980 and reverse a planned run-time extension for modern nuclear plants by setting final closure dates. Nuclear operators still had to pay a combined Eur23 billion ($25.6 billion) into a state-run fund for the financing of mid- and long-term nuclear storage in Germany. So far, two modern reactors were shut in 2015 and 2017, with Philippsburg 2 the third reactor to close. The final shutdowns are more concentrated with three reactors set to close in December 2021 and the final three by the end of 2022. |
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