One German company persists with nuclear power -interests in reactors in Sweden.

Germany is getting out of nuclear power – not completely

Market Screener, 04/11/2023 DÜSSELDORF (dpa-AFX) – Even after Germany’s last three nuclear power plants shut down on April 15, a German company will continue to produce nuclear power. Uniper, the energy company nationalized in the wake of the gas crisis, has stakes in three nuclear power plants in Sweden, and is a majority shareholder in one of them. “

Uniper is currently planning to build an electric, non-nuclear research and test facility at the Oskarshamn nuclear power plant site, with construction set to begin next year, he said. The project will be carried out in cooperation with the company Blykalla and the Royal Institute of Technology, he said. The research facility will focus on testing materials and components for a new type of reactor, called a Small Modular Reactor (SMR)………..

The German Institute for Economic Research (DIW) recently expressed its disapproval of SMR plants, which are understood to be reactors with an electrical output of up to 300 megawatts. SMR concepts are not mature and will not be available in the foreseeable future, according to a study. They were old reactor concepts that had not become established because of economic disadvantages due to the lower outputs.

“Further, they remain radiologically hazardous because the problems of increased transport and interim storage of radioactive waste would multiply.” Despite decades of research, he said, hardly any nuclear power plants in the SMR category have been able to begin commercial power operations. Even assuming optimistic conditions, he said, a cost-competitive bid cannot be assumed./tob/DP/zb  https://www.marketscreener.com/quote/stock/E-ON-SE-3818998/news/Germany-is-getting-out-of-nuclear-power-not-completely-43462261/

April 11, 2023 - Posted by Christina Macpherson | business and costs, Germany