The China Mail - Germany's nuclear stay fails to quell debate

USD -
AED 3.672498
AFN 64.501353
ALL 80.797017
AMD 360.929885
ANG 1.789785
AOA 917.999823
ARS 1538.269797
AUD 1.42106
AWG 1.8025
AZN 1.70296
BAM 1.75401
BBD 2.012923
BDT 123.983804
BGN 1.747831
BHD 0.377306
BIF 2997.5
BMD 1
BND 1.280463
BOB 11.889313
BRL 5.352698
BSD 0.999466
BTN 94.999372
BWP 13.826286
BYN 2.940367
BYR 19600
BZD 2.010116
CAD 1.404275
CDF 2314.999871
CHF 0.828545
CLF 0.024979
CLP 986.302768
CNY 6.66835
CNH 6.664845
COP 3151.38
CRC 454.490425
CUC 1
CUP 23.987373
CVE 98.750015
CZK 21.852992
DJF 177.719653
DKK 6.71562
DOP 60.349916
DZD 135.338933
EGP 56.017202
ERN 15
ETB 161.050415
EUR 0.89848
FJD 2.238695
FKP 0.749223
GBP 0.75135
GEL 2.570498
GGP 0.749223
GHS 11.624999
GIP 0.749223
GMD 74.000246
GNF 8799.999875
GTQ 7.638188
GYD 209.445401
HKD 7.84465
HNL 27.000054
HRK 6.76901
HTG 130.928626
HUF 329.441962
IDR 18161.45
ILS 3.02401
IMP 0.749223
INR 95.17805
IQD 1514
IRR 1856999.999772
ISK 122.560119
JEP 0.749223
JMD 159.024972
JOD 0.709045
JPY 157.8775
KES 129.83981
KGS 87.4492
KHR 4075.000189
KMF 440.999748
KPW 899.999961
KRW 1327.739895
KWD 0.31121
KYD 0.832885
KZT 456.816419
LAK 22506.497808
LBP 89550.00032
LKR 332.273585
LRD 170.250216
LSL 16.66002
LTL 2.95274
LVL 0.60489
LYD 6.415003
MAD 9.848494
MDL 18.050231
MGA 4589.999714
MKD 55.320716
MMK 2099.77173
MNT 3599.40728
MOP 8.076123
MRU 40.198421
MUR 47.349802
MVR 15.450348
MWK 1741.000062
MXN 18.695855
MYR 4.08902
MZN 63.910391
NAD 16.659866
NGN 1340.659814
NIO 36.844966
NOK 9.327135
NPR 151.999677
NZD 1.759435
OMR 0.384472
PAB 0.999498
PEN 3.442502
PGK 4.488103
PHP 64.075497
PKR 277.000141
PLN 3.952497
PYG 5815.01195
QAR 3.645016
RON 4.807696
RSD 105.586978
RUB 80.548206
RWF 1478.5
SAR 3.750364
SBD 8.064647
SCR 13.944377
SDG 601.510149
SEK 9.94615
SGD 1.28119
SHP 0.749344
SLE 22.875022
SLL 20969.504398
SOS 571.498309
SRD 37.6505
STD 20697.981008
STN 22
SVC 8.745835
SYP 13001.999685
SZL 16.660014
THB 33.785993
TJS 9.19474
TMT 3.5
TND 3.007498
TOP 2.40776
TRY 49.8366
TTD 6.784327
TWD 32.436096
TZS 2644.862988
UAH 45.626679
UGX 4382.704147
UYU 40.070132
UZS 11970.000395
VES 886.72915
VND 25834
VUV 118.743227
WST 2.764729
XAF 589.364192
XAG 0.018344
XAU 0.000245713528
XCD 2.70255
XCG 1.801256
XDR 0.707052
XOF 589.364192
XPF 107.149656
YER 236.15032
ZAR 16.637035
ZMK 9001.196346
ZMW 20.155866
ZWL 321.999592
SSP 5745.701932
MXV 2.108742
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Germany's nuclear stay fails to quell debate
Germany's nuclear stay fails to quell debate / Photo: © AFP/File

Germany's nuclear stay fails to quell debate

Germany's decision to keep two atomic plants on standby through the winter amid a power crunch has exposed cracks in the government and unleashed criticism from economic and energy experts.

Text size:

The major u-turn in government policy was made after a second stress test to assess Germany's energy security as Russia reduces gas supplies to Europe.

Germany's three remaining nuclear plants were set to be retired at the end of the year. Instead, two of the fleet will be kept in reserve "until mid-April 2023 in case needed", Economy Minister Robert Habeck said on Monday.

But the decision has become a "stress test for the coalition" of Chancellor Olaf Scholz's Social Democrats, Habeck's Greens and the liberal FDP, according to the Sueddeutsche Zeitung daily.

Finance Minister Christian Lindner of the FDP has made no attempts to hide his push for the three plants to remain in use rather than just kept on standby.

"We shouldn't be too picky, but instead do everything that makes our lives easier," he told the Sueddeutsche Zeitung Monday ahead of the nuclear announcement.

That included "the continued operation of the nuclear power plants until at least 2024", the FDP boss said.

In a sign that he has not shifted his position, Lindner also retweeted several voices in his party criticising Monday evening's decision as not going far enough.

- 'Kept running' -

Habeck's decision partly delays the nuclear exit decided under former chancellor Angela Merkel after the Fukushima disaster in 2011.

He said the subject of nuclear energy was "bound with a lot of emotions" but that the partial extension was needed to avoid an "extremely unlikely" electricity crisis.

But in light of skyrocketing electricity bills, all possible resources needed to be mobilised, according to Veronika Grimm, a member of the government's council of economic advisors.

"That means not just coal plants but nuclear power plants too," she told daily FAZ on Tuesday.

"The plants should be kept running, not just be on standby, as is currently planned, because only then will it lower the price of electricity," she said.

The government should examine extending the lifetime of the plants by five years and even bringing recently closed plants back online to keep prices "within limits", she said.

By contrast, Claudia Kemfert of the economic research institute DIW pointed out that "nuclear plants are not adapted to act as network reserves because they cannot be fired up and shut down easily".

Meanwhile, the financial daily Handelsblatt wrote that the partial extension was simply "the worst of all possible decisions".

- 'Completely absurd' -

"We are heading towards an energy supply crisis," opposition CDU leader Friedrich Merz told German public radio.

Shutting down electricity generating capacity at a time of crisis was "completely absurd", he said, adding that the war-related crisis was being aggravated by "the decisions of the federal government".

Habeck had "ducked the risk of coming into conflict with a part of his party", Handelsblatt wrote.

The extension is a touchy issue for the Greens, which has its roots in Germany's anti-nuclear movement.

The decision was "hard to take but necessary as it stands", Green party chief Omid Nouripour told public television.

Habeck stressed Monday that Germany would not waver from its plan to move on from atomic energy.

"New fuel rods will not be put in," he said, adding that the issues this winter "cannot be compared" with the next one.

Habeck's ministry has chartered five floating terminals for the import of liquefied natural gas (LNG) to substitute for Russian supplies, the first of which are scheduled to come online at the end of the year.

At the same time, it has also moved to restart mothballed coal power plants and fill gas storage ahead of the winter to guard against an energy shortfall.

Z.Ma--ThChM