The Moratorium on Nuclear Energy: No Power Shortages Expected
AbstractWith the moratorium on nuclear energy, the German federal government passed a resolution to shut down seven nuclear power plants for a period of three months. According to the calculations of DIW Berlin (German Institute for Economic Research), sufficient electricity is being produced despite the nuclear plants' removal from the grid. Electricity prices are only likely to increase slightly. The moratorium therefore does not pose a threat to the security of supply. However, with coal and gas-fired plants compensating for much of the fall in nuclear energy generation, a significant rise in greenhouse gas emissions is to be expected. An immediate shut down of all nuclear power plants is currently not an option since the remaining power plants are not able to securely provide the energy levels needed to meet demand during peak loads.
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Bibliographic InfoArticle provided by DIW Berlin, German Institute for Economic Research in its journal DIW Economic Bulletin.
Volume (Year): 1 (2011)
Issue (Month): 1 ()
German nuclear moratorium; energy policy; impacts on electricity prices;
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