Just like that: Germany U-turns, and wants unfashionable energy like nuclear, coal, and gas

Just like that: Germany U-turns, and wants unfashionable energy like nuclear, coal, and gas

All it took was a War.

Until Saturday Germany was about to close its last nuclear power plants, had been avoiding exploring or investing in gas, and planned to phase out coal plants by 203o.

On Sunday all that changed:

By Christoph Steitz, Riham Alkousaa and Maria Sheahan, Reuters

In a landmark speech on Sunday, Chancellor Olaf Scholz spelled out a more radical path to ensure Germany will be able to meet rising energy supply and diversify away from Russian gas, which accounts for half of Germany’s energy needs.

“The events of the past few days have shown us that responsible, forward-looking energy policy is decisive not only for our economy and the environment. It is also decisive for our security,” Scholz told lawmakers in a special Bundestag session called to address the Ukraine crisis.

This will include building two liquefied natural gas (LNG) terminals, one in Brunsbuettel and one in Wilhelmshaven, and raising its natural gas reserves.

Germany cancelled the Nord Stream gas pipe that would have brought even more gas from Russia.

It joins a lot of Europe in realizing that an energy crisis is also a security crisis, and that wind and solar will not solve it. Last September the UK announced they were getting into small modular reactors. By October they were putting nuclear power ahead of the intermittent unreliables as a way to transition to “Net Zero”. Late in 2021, France decided to build up to 14 new nuclear reactors.

As of Sunday, Germany is also spending a lot more on their military.

In 2018, one World leader did warn Germany that they were too dependent on Russian gas, and they should have spent more on their military.

Note the reference to the corruption that plagues all of the West: “The Former Chancellor of Germany is the head of the pipeline company that is supplying the gas” … “you tell me, is that appropriate?”

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February 28, 2022 at 12:46PM

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