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With the closure of the final six nuclear power plants, the commercial use of nuclear energy for electricity generation in Germany will come to an end in 2022. Due to the German power system's sufficient capacities-in 2020, the sector exported 20 terawatt hours (TWh), or about four percent of...
Persistent link: https://www.econbiz.de/10012704820
Currently, the European Commission intends to increase the EU’s 2030 climate target. Instead of a 40 percent target, greenhouse gas emissions would be reduced by 50 to 55 percent compared to 1990 levels; the European Parliament is even considering a 65-percent reduction. The European Emissions...
Persistent link: https://www.econbiz.de/10012251302
The European Green Deal, initiated by the EU Commission, is a package of measures aimed at decarbonization and sustainable economic development with the goal of making the European Union climate neutral by 2050. To achieve this goal, the emission reductions target must be increased from 40...
Persistent link: https://www.econbiz.de/10012251310
The catastrophic accident at the Fukushima Daiichi Nuclear Power Plant on March 11, 2011, revealed unexpected safety risks of nuclear energy once again. It also accelerated the decline of nuclear energy in the international energy sector: Nuclear energy’s share of global electricity generation...
Persistent link: https://www.econbiz.de/10012488456
The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity supply remained secure following the shutdown of nuclear power...
Persistent link: https://www.econbiz.de/10014536114
In mid-April 2023, the final three nuclear power plants in Germany will be taken offline permanently. At the same time, the energy crisis resulting from the Russian invasion of Ukraine has fueled calls for the construction of new nuclear reactors in Germany. A similar debate is taking place in...
Persistent link: https://www.econbiz.de/10014249743
Most climate and energy scenarios created by international organizations and researchers include a considerable expansion of nuclear energy. In the IPCC Sixth Assessment Report, for example, nuclear energy increases from a current 3,000 terawatt hours on average to over 6,000 terawatt hours in...
Persistent link: https://www.econbiz.de/10014443629
At just 4.4 percent, the contribution made by nuclear power to meeting the world’s primary energy requirements is marginal and on the decline. The current nuclear power fleet is outdated with around 200 plants due to be phased out over the next ten years compared to as few as 46 new nuclear...
Persistent link: https://www.econbiz.de/10012198124