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Siemens gets out of nuclear business
Published: 18 Sep 11 10:43 CET | Print version
Online: http://www.thelocal.de/money/20110918-37657.html
German industrial giant Siemens is turning the page on nuclear energy, the group's CEO Peter Löscher told the weekly Der Spiegel in an interview published on Sunday.
- Germany grapples with nuclear energy phaseout (20 May 13)
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"We will from now on supply only conventional equipment such as steam turbines. This means we are restricting ourselves to technologies that are not only for nuclear purposes but can also be used in gas or coal plants."
Löscher said his group's decision to withdraw from the nuclear industry reflected "the very clear stance taken by Germany's society and political leadership."
The German government announced its decision to abandon nuclear power by 2022 in the wake of the disaster at Japan's Fukushima nuclear plant.
Germany is the first major industrialised power to agree an end to atomic power since the disaster, the world's worst since Chernobyl in 1986, which forced the evacuation of tens of thousands of people living near Fukushima.
Germany wants to boost the share of the country's power needs generated by renewable energies to 35 percent by 2020 from 17 percent at present.
Siemens produces gas turbines and equipment used to produce solar and wind power.
AFP/kdj
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Your comments about this article:
Look at the bright side, the departures of those nasty industries will naturally complete the project Robert Morgenthau wanted to begin after ww2!