{"id":1619045,"date":"2022-08-22T13:32:23","date_gmt":"2022-08-22T17:32:23","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1619045"},"modified":"2022-08-22T13:32:59","modified_gmt":"2022-08-22T17:32:59","slug":"germany-poised-to-shut-down-last-nuclear-plants-despite-gas-shortage-ahead-of-winter-months","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/germany-poised-to-shut-down-last-nuclear-plants-despite-gas-shortage-ahead-of-winter-months\/","title":{"rendered":"Germany Poised To Shut Down Last Nuclear Plants Despite Gas Shortage Ahead Of Winter Months"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgermany-poised-to-shut-down-last-nuclear-plants-despite-gas-shortage-ahead-of-winter-months%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1619045&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"http:\/\/dailywire.com\/topic\/germany\" target=\"_blank\" rel=\"noopener\">Germany<\/a> will likely proceed with shutting down its three remaining <a href=\"https:\/\/www.dailywire.com\/topic\/nuclear-power\" target=\"_blank\" rel=\"noopener\">nuclear power<\/a> plants despite an uncertain supply of <a href=\"http:\/\/dailywire.com\/topic\/oil-and-gas\" target=\"_blank\" rel=\"noopener\">gas<\/a> ahead of the winter season, economy minister Robert Habeck said on Sunday.<\/p>\n<p>Germany imported roughly 55% of its gas from <a href=\"http:\/\/dailywire.com\/topic\/russia\" target=\"_blank\" rel=\"noopener\">Russia<\/a> before the invasion of Ukraine and has since <a href=\"https:\/\/www.bbc.com\/news\/world-europe-62121702\">reduced<\/a> its dependence to 35%. Yet German gas supplies are <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-16\/germany-has-enough-gas-for-less-than-3-months-on-russia-cutoff\">slated<\/a> to only last three months if Russia decides to cut off supplies completely.<\/p>\n<p>Habeck said that reversing the planned shutdown of the nation\u2019s three nuclear plants would constitute the \u201cwrong decision\u201d given \u201chow little we would save,\u201d as the three facilities would only account for 2% of gas use, according to German state-funded news outlet <a href=\"https:\/\/www.dw.com\/en\/germany-says-full-delay-to-nuclear-phaseout-is-unlikely\/a-62880769\">Deutsche Welle<\/a>. Former German Chancellor Angela Merkel greenlit the gradual closure of the nation\u2019s nuclear plants following the 2011 nuclear meltdown in Fukushima, Japan.<\/p>\n<p>Habeck dismissed concerns of gas shortages by assuring the public that \u201cwe have a really good chance of getting through the winter\u201d if households and businesses cut energy usage by 15% to 20%. Nevertheless, Habeck is open to keeping one plant open in the manufacturing region of Bavaria depending on the results of a stress test on the German power system. He asserted that Germany must pivot entirely away from fossil fuels to avoid future turmoil wrought by geopolitical conflicts.<\/p>\n<p>Germany recently unveiled a winter gas surcharge of 2.4 euro cents per kilowatt hour, according to <a href=\"https:\/\/www.dw.com\/en\/germany-sets-winter-gas-levy-amid-warnings-of-its-impact\/a-62806667\">Deutsche Welle<\/a>, with German Chancellor Olaf Scholz vowing that the nation\u2019s government is \u201cworking on a further relief package\u201d and \u201cwill leave nobody alone with these increased costs.\u201d<\/p>\n<p>Meanwhile, German finance minister Christian Lindner <a href=\"https:\/\/www.reuters.com\/business\/energy\/german-minister-rules-out-keeping-nuclear-plants-running-save-gas-2022-08-21\/\">argued<\/a> that keeping the nuclear plants open would be a better option than relying on coal plants. The nation should \u201creserve all possibilities,\u201d according to Lindner, who noted that he would support an extension of the nuclear phaseout by \u201cseveral years\u201d under current conditions.<\/p>\n<p>Other European nations have recently proceeded with shutdowns of nuclear facilities despite rising energy prices. Switzerland, for example, <a href=\"https:\/\/www.dailywire.com\/news\/swiss-nuclear-power-plant-cuts-production-in-middle-of-energy-crisis-to-protect-local-fish\">slowed<\/a> production at Beznau nuclear power plant to protect local fish populations. In the United States, however, the Inflation Reduction Act created nuclear production tax credits, amended existing renewable energy credits to incorporate nuclear power, and funded the production of fuels such as enriched uranium, according to an analysis from the <a href=\"https:\/\/www.atlanticcouncil.org\/blogs\/energysource\/the-inflation-reduction-act-reinforces-nuclear-energys-role-as-a-climate-solution\/\">Atlantic Council<\/a>.<\/p>\n<p>Russia is likewise the world\u2019s third-largest oil producer and the overall largest exporter of oil to global markets, according to the <a href=\"https:\/\/www.iea.org\/reports\/russian-supplies-to-global-energy-markets\/oil-market-and-russian-supply-2\">International Energy Agency<\/a>. Although oil continues to be exported from Baltic and Black Sea ports, trading houses are purchasing and storing the oil in Europe, where it could eventually be resold in avoidance of international sanctions, a March report from the <a href=\"https:\/\/www.dallasfed.org\/research\/economics\/2022\/0322\">Federal Reserve Bank of Dallas<\/a> explained.<\/p>\n<p>\u201cThe surge in global fuel, electricity, residential natural gas and food prices, as well as the supply-chain disruptions caused directly by the invasion of Ukraine and indirectly by the sanctions against Russia, will sustain inflationary pressures in 2022,\u201d the analysts said. \u201cIf the bulk of Russian energy exports is off the market for the remainder of 2022, a global economic downturn seems unavoidable.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany will likely proceed with shutting down its three remaining nuclear power plants despite an uncertain supply of gas ahead of the winter season, economy minister Robert Habeck said on Sunday. Germany imported roughly 55% of its gas from Russia before the invasion of Ukraine and has since reduced its dependence to 35%. Yet German &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1619047,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1619045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1619045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1619045"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1619045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1619047"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1619045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1619045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1619045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}