Today's Coming Crisis Movie

Wednesday, March 16, 2011

Billion-euro nuclear shutdown in Germany

The German government has declared a three-month moratorium on nuclear power, in which nine reactors will stay offline, checks will take place and nuclear policy may be reconsidered.

Chancellor Angela Merkel decreed yesterday that the country's nuclear power reactors that began operation in 1980 or earlier should be immediately shut down. Those units closed yesterday and were joined by another unit already in long-term shutdown, making a total of 8336 MWe in generation offline under her direction.

A "period of reflection and action" is to follow for three months, said environment minister Norbert Röttgen, during which the units will undergo safety evaluations. At the same time the government will consider revising its 2009 decision to increase the generation allowances the plants hold. Read More