The moratorium on nuclear energy: No power shortages expected

With 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 nu...

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Bibliographic Details
Published in:DIW economic bulletin 2011, Vol.1 (1), p.3-6
Main Authors: Kemfert, Claudia, Traber, Thure
Format: Article
Language:English
Subjects:
energy policy
German nuclear moratorium
impacts on electricity prices
Online Access:Get full text
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Summary:With 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.
ISSN:2192-7219
2192-7219