In both the short and the long term, Germany will be unable to end Russian gas imports without triggering economic chaos, public outrage, and opposition from many firms. For this, years of misguided energy strategy must bear much of the blame.
MUNICH – Germany long regarded its energy transition as cutting edge, compared to other Western industrialized countries. Policymakers expected that the country would be able to secure its energy supply entirely from renewable sources, so they resolved to phase out coal and nuclear energy simultaneously. The last three of Germany’s 17 nuclear power plants are set to be shut down this year.
MUNICH – Germany long regarded its energy transition as cutting edge, compared to other Western industrialized countries. Policymakers expected that the country would be able to secure its energy supply entirely from renewable sources, so they resolved to phase out coal and nuclear energy simultaneously. The last three of Germany’s 17 nuclear power plants are set to be shut down this year.