Tuesday, December 23, 2025

Germany Mulls Extending Lifespan of Nuclear Power Plants as EU Energy Crisis Worsens

It appears that Germany may soon be forced to do a sheepish 180-degree U-turn on its green energy policy, and extend the lifespan of its remaining nuclear power plants in an effort to avert a full-blown energy crisis in the region.

German Chancellor Olaf Scholz signalled he is open to extending the lifespan of the country’s three nuclear energy plants, in an effort to secure its energy needs amid growing uncertainty surrounding the Ukraine conflict. “The economy minister has commissioned an intensified worst-case scenario calculation. Let’s have a look at that,” Scholz said, referring to the German government’s previous decision to shut off the nuclear facilities by the end of the year.

German economy minister Robert Habeck recently delegated a new stress test for the country’s energy infrastructure, after a previous analysis estimated that energy supply wouldn’t be in peril come next winter even in the absence of nuclear energy. “We will once again calculate now and will then decide on the basis of clear facts,” with respect to extending Germany’s nuclear power capabilities, explained a government spokesperson as cited by Bloomberg.

Up until now, the Green Party has held an adamant stance against expanding the lifespan of the three nuclear power plants, citing high refurbishing and environmental costs. Instead, Habeck has been a strong proponent of building a new LNG terminal that would accept natural gas shipments from the US or other international destinations aside from Russia. In addition, he also insisted that Germany bolster its solar and wind energy infrastructure, as well as keep coal-powered plants on standby for a rainy day.


Information for this briefing was found via Bloomberg. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Soma Gold: Q3 Earnings Impacted By Labour Strike

Thesis Gold: The Multi-Billion Dollar Lawyers-Ranch PFS

Why Canada Has So Few Projects That Can Be Built Before 2030 | Dan Wilton – First Mining

Recommended

TomaGold Drills 6.68% Zinc Equivalent Over 48.05 Metres At Berrigan Mine Project

Selkirk Copper Drills 4.96% Copper Over 9.9 Metres At Minto

Related News

Vladimir Putin Bans Oil Exports to Countries With Price Caps

Russian President Vladimir Putin is taking retaliatory measures against the West’s price cap on its...

Wednesday, December 28, 2022, 07:10:43 AM

Prigozhin Denies Report He Offered to Betray Russian Positions

The head of Russia’s Wagner private army has denied a report that he offered to...

Monday, May 15, 2023, 01:54:03 PM

Angela Merkel “Concealed” Russian Blackmail Threat Over Nord Stream 2

Former German Chancellor Angela Merkel has come under fire following revelations that she concealed information...

Monday, June 10, 2024, 10:49:00 AM

Anonymous Claims To Have Leaked Nestlé Customer Data, Gives Western Companies 48 Hours To Leave Russia

The international hacktivist collective known as Anonymous has announced that it has leaked 10GB worth...

Tuesday, March 22, 2022, 11:13:31 PM

Russia Agrees To A Ceasefire With Ukraine… Or Did It?

Russia’s stance on a proposed 30-day ceasefire in Ukraine has ignited renewed uncertainty. Despite initial...

Saturday, March 15, 2025, 07:38:00 AM