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Study sees no power price hikes as Merkel touts nuclear phaseout

The Local · 10 Jun 2011, 08:51

Published: 10 Jun 2011 08:51 GMT+02:00

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The Süddeutsche Zeitung reported on Friday that research by the Potsdam Institute of Climate Research and the University of Leipzig came to just that conclusion.

The study said in the long-term it would make little difference in price whether gas or coal-fired plants are built to replace nuclear energy, but plants powered by gas would reduce greenhouse emissions more.

It suggests electricity prices may rise it the short-term, but they will eventually level out.

The research emerges as Chancellor Angela Merkel is on a final push to promote the country’s planned pullout from nuclear energy by 2022.

On Thursday, she told parliament that the plan will be “a Herculean task,” but said it would greatly benefit the country.

Her centre-right coalition hopes to pass legislation finalizing the phaseout in July with a broad parliamentary majority.

But on Thursday she has faced criticism from opposition parties, which support ending nuclear power but ridicule Merkel's sudden change of heart on the issue.

But Merkel said the nuclear meltdown in Japan following an earthquake made her ditch her previous willingness to extend the lifespans of Germany's reactors.

Story continues below…

"Even in a high-tech country like Japan, the risks of nuclear energy can not be safely controlled,” she said.

DAPD/The Local/mdm

The Local (news@thelocal.de)

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Your comments about this article

09:10 June 10, 2011 by auniquecorn
And you call that news? Everybody in the world knows that there will not be any changes in prices.
13:02 June 10, 2011 by krautrock
The Potsdam Institute of Climate Research is not the best example of an independent and reliable organization.

Germany and German peole will be the guinea pigs in this experiment. At the end of the experiment we'll see what will come out out of that.
15:26 June 10, 2011 by manotick
Just to be safe you might want to stock up on a lot of candles.
17:52 June 10, 2011 by Al uk
Prices wont rise! Lol yeah sure they wont.

Watch as they go through the roof just like all that extra carbon.
18:19 June 10, 2011 by jmclewis
The energy from the nuke plants has to be replaced either new plants built in Germany or purchased from a neighboring country. There will be less power available in Europe and there is more demand do to people and industry.

I will believe the Potsdam Institute of Climate Research and the University of Leipzig Report when I see Santa, tooth fairy, and the Easter Bunny....... to make this report they must have perverted the numbers it ignores economics and science.
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