Now they’re broke!
“Germany has a severe electricity shortage and cost problem, and it’s getting worse.
German Chancellor Friedrich Merz recently made the admission that shutting down the German nuclear power reactors was a “severe strategic mistake.”
“To have acceptable market prices for energy production again, we would have to permanently subsidize energy prices from the federal budget,” Merz said, adding: “We can’t do this in the long run.”
“So, we are now undertaking the most expensive energy transition in the entire world,” Merz said with pronounced frustration. “I know of no other country that makes things so expensive and difficult as Germany.”
Keep in mind, Germany represents the largest contributing economy in the European Union. The German industrial sector is the backbone of the European economic model.
All of these realities paint a very tenuous picture for the economic future in Europe, when combined with a new trade relationship with the USA, increasingly cheap goods dumped into the EU by China and the EU promising to continue spending on the war effort in Ukraine against Russia.”
https://theconservativetreehouse.com/blog/2026/01/16/german-chancellor-merz-admits-shutting-down-nuclear-energy-production-was-a-severe-strategic-mistake/#more-279819
@AThousandYoung saidAnd the fools are now cozying up to china…china will rape them…and as Germany goes so goes the eu
It's impressive how they had the gonads to cut off Russia despite their dependence on Russian energy.
@Mott-The-Hoople saidGermany did close down nuclear before they had enough renewables on board which was insane to put it mildly, but politically it was the best way forward after Fukishima. However they will be at 80% renewable by 2030. And they are putting up solar at 100,000 units per day. So while their closing down nuclear was reactionary and they are in a tight spot currently enegywise, things are rapidly changing into a renewable future for them.
Now they’re broke!
“[b]Germany has a severe electricity shortage and cost problem, and it’s getting worse.
German Chancellor Friedrich Merz recently made the admission that shutting down the German nuclear power reactors was a “severe strategic mistake.”
“To have acceptable market prices for energy production again, we would have to permanently subsidize ener ...[text shortened]... llor-merz-admits-shutting-down-nuclear-energy-production-was-a-severe-strategic-mistake/#more-279819
If they had not reacted that hard when they did, would they reap the benefits of energy independence as soon as they will? Independence of Russian gas and oil, that will be an awesome reality for Germany.
Germayn ahs no electricity problem, look at the prices at the exchnage: https://www.vattenfall.de/strom/tarife/oekostrom-dynamik-boersenpreise
Closing down nuclear power was bnecessary. We still don't know where the put the few decdes worth of nuclear waste and the process to find a loctaion will extend into the next decade...