Germany aims to be carbon neutral by 2045, with renewables as its sole power source by 2035.

The shutdown of nuclear power plants may hinder Germany's renewable energy targets by increasing coal reliance.

Germany's energy grid requires a 10 billion euro modification to accommodate a shift back to nuclear energy.

The country's nuclear infrastructure is under NATO control.

The Russian-Ukrainian war has severely disrupted Germany's energy supply chains.

Germany relies heavily on Russia for 55% of its natural gas imports.

Some Germans want to bring nuclear reactors back online due to energy security concerns.

Germany's government is considering delaying nuclear plant shutdowns, with the Economy Minister opposed to renewal and the Finance Minister in support of extension.

The EU Commission proposes nuclear power as a transitional energy source, but Germany opposes due to its perceived risks and costs.

Germany's energy transition is hindered by inadequate grid infrastructure and limited transmission capacity from north to south.

The country targets 80% renewables by 2030, with its current energy mix being 41% renewables, 28% coal, and 15% gas.

Germany must cut gas consumption by 20% amid an energy crisis caused by reduced Russian supplies.

The Russian-Ukrainian war has highlighted Germany's need for a diversified energy mix.

Extending nuclear power plants' life is seen as a temporary solution to the energy crisis.

Investment in nuclear and renewables can drive down costs, with solar energy costs falling 80% in the last decade.

Renewables rely on rare metals vulnerable to price squeezes and require storage technology advances due to intermittent output.

Germany has allocated over 260 billion euros to address the energy crisis, including a 100 billion euro subsidy plan.

Germany's energy market faces significant challenges and needs heavy investment in grid infrastructure to achieve its renewable energy goals or shift back to nuclear power.

Germany aims to be carbon neutral by 2045, with renewables as its sole power source by 2035.

Title:

Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
EXPRESS: Germany ’ s exit from atomic energy sector affects Europe ’ s largest economy
Germany ’ s closure of the country ’ s last three nuclear reactors and its eventual exit from the atomic energy sector raises concerns about the impact of the decision on the European Union ’ s largest economy.
Germany ’ s action could deal a blow to the technology they see as a clean and reliable alternative to fossil fuels.
Berlin is implementing its plan to limit electricity generation to renewable sources by 2035.
Earlier this week, Germany shut down its last three nuclear power plants as part of Berlin's plan to limit power generation to renewables by 2035, ending a six-decade programme that has sparked one of Europe's most powerful protest movements.
Other industrialized countries, such as the United States, Japan, China, France and Britain, rely on nuclear power to replace the fossil fuels that are warming the planet, and Germany ’ s decision to stop using both has been met with some skepticism, as well as unsuccessful last-minute calls to halt the shutdown, the report said.
Nuclear energy advocates around the world have criticized the German shutdown, realizing that the action taken by Europe ’ s largest economy could deal a blow to technology they see as a clean and reliable alternative to fossil fuels.
The German government has acknowledged that in the short term, the country will have to rely more on polluting coal and natural gas to meet its energy needs, even as steps are taken to dramatically increase electricity production from solar and wind power, and Germany aims to be carbon neutral by 2045.
But officials like German Environment Minister Stevie Lemke say the idea of a nuclear renaissance is a myth, citing data showing that the share of atomic energy in global electricity production is shrinking.
The construction of new nuclear plants in Europe has faced significant delays and cost overruns.
Limki noted that the construction of new nuclear plants in Europe has faced significant delays and cost overruns, and said the money spent on maintaining old reactors or building new ones would be better spent on installing cheap renewables.
Experts such as Claudia Kemfert of the German Institute for Economic Research in Berlin say the 5% share of German electricity currently coming from its three remaining reactors can be easily replaced without risking power outages.

The shutdown of nuclear power plants may hinder Germany's renewable energy targets by increasing coal reliance.

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Content: Three nuclear-fired power plants will be taken off the grid in Germany on Friday as part of the country's plan to end atomic power.

"The nuclear phaseout makes our country safer and helps to avoid radioactive waste," said Federal Environment and Nuclear Safety Minister Steffi Lemke.

"It is now essential to ... advance the search for a final repository for high-level radioactive waste as well as permanent solutions for low- and medium-level radioactive waste," the environment ministry said.

Former German Chancellor Angela Merkel speeded up the phaseout following the 2011 Fukushima accident in Japan.

Friday's shutdown affects power plants in Brokdorf in Schleswig-Holstein, Grohnde in Lower Saxony and Gundremmingen C in Bavaria.

Germany's remaining three nuclear plants — Emsland in Lower Saxony, Isar 2 in Bavaria and Neckarwestheim 2 in Baden-Württemberg — will be closed by the end of 2022 "at the latest," the environment ministry said.

"Since 2011, Germany has been drawing a line under a highly problematic technology in an orderly, reliable process," Lemke said.

Nuclear accounts for about 10 percent of Germany's electricity production. The shutdown has sparked criticism as Germany will have to dramatically ramp up renewable energy and has also increased its reliance on highly polluting coal-fired power.

"Security of supply in Germany continues to be guaranteed," said Robert Habeck, federal climate and economy minister. He added that reliable and "sustainably generated electricity" is a "central requirement for aligning our economy and industry toward climate neutrality."

That stance puts Berlin at loggerheads with France, where nuclear is the largest element of its energy mix (and also helps supply Germany).

EU Internal Market Commissioner Thierry Breton said in September that existing nuclear plants, which provide low-carbon electricity essential to the green transition, can be kept running "for two, five, 10 years," adding: "Why deprive ourselves of this production capacity?"

France is planning to scale down the share of nuclear in its electricity mix from 75 percent to 50 percent by 2035, but President Emmanuel Macron said in November that France "will restart the construction of nuclear reactors" while "continuing to develop renewable energies."

Macron also said France will invest €1 billion into research and development, notably into small modular reactors.

Belgium recently decided to shut down all its nuclear power plants by 2025, but plans to invest €100 million in new generation nuclear reactors and research.

More from ... Louise Guillot

Germany's energy grid requires a 10 billion euro modification to accommodate a shift back to nuclear energy.

Title:

Content: ● Talk from the beginning
In October 1973, the Organization of Petroleum Exporting Countries, led by Saudi Arabia, imposed a embargo on countries supporting Israel with oil as a weapon. The embargo lasted until March 1974, when the global price of oil rose by nearly 300%, from $3 per barrel to nearly $12.
Recognizing the importance of stable energy supply and price, many countries have begun to develop nuclear power.
In that era, the development of nuclear energy in Germany and France went hand in hand. Both countries imported nuclear power technology from the United States, and both established independent nuclear power industries.
In 1979, the Three Mile Island accident in the United States did not change the Social Democratic Party's support for nuclear energy in Germany at the time, and then the 1986 Chernobyl disaster in Russia caused a major impact on Germany's nuclear energy policy. In August 1986, the Social Democratic Party passed a bill to abandon nuclear power within 10 years, Germany terminated the development plan for new reactors, and power companies dared not plan to build a nuclear power plant. Merchants.
Overall, the passage of the Act did not affect the operation of the nuclear power plants in transit in Germany, with a capacity of 20,339 and 20,583,000 megawatts in 23 years from 1986 to 2009, and a further 22.9 million megawatts in 1989.
In other words, the ruling party in Germany recognized the importance of nuclear power to the country ’ s economic development and did not implement the nuclear abolition bill hastily passed in August 1986 under the anti-nuclear passion of the Chernobyl nuclear power plant disaster in Russia.
Obviously, the non-nuclear file, can only say, can not be done.
Non-nuclear weapons are a bargaining chip for political power
In October 1998, the Social Democratic Party and the Green Party organized a joint government and began to discuss a non-nuclear timetable with power companies. The Green Party, a small party with ideological leadership and national recognition of only 6.7%, changed the national energy policy through the power to gain the leadership of energy policies that are closely related to national security.
The assumption of power by political parties recognized by more people is the basic tenet of the operation of democratic politics.
When, in order to gain political power, different political parties used coalitions to lead to the opinions of the minority and hostage the understanding of the majority, is this the normal state of democratic politics?
Ridiculous, even more pathetic!
After numerous and varied threats, the coalition government and the power companies reached an agreement in late 2000.
The key point of the agreement is that the government will allow the units in operation at the time to continue operating until the cumulative generation of 2,623 billion kWh, equivalent to an average useful life of the units of 32 years (the power company originally expected 36 years), and that Germany will be non-nuclear by 2022.
The government is committed to ensuring the smooth operation of the nuclear power plant and the disposal of nuclear waste without political interference. In June 2001, the “Red Green ” coalition government signed an agreement with four power companies.
The agreement clearly stipulates that Germany will no longer build nuclear power plants and allow the temporary storage of used nuclear fuel at the site.
Based on the cap on nuclear power generation, a less cost-effective unit was stopped in 2003 and 2005, with a installed capacity of 640,000 MW and 340,000 MW, respectively, and it operated for 31 and 36 years.
In addition, a unit with a capacity of 1.22 million megawatts was built in 1986 on the banks of the Rhine. The unit was discontinued in 1988 due to anti-nuclear protests, and its power company abandoned the unit in 2003 to begin decommissioning work. Two units with a capacity of 771,000 megawatts and 1.26 million megawatts were suspended in 2007 and 2009, respectively, for 30 years and 25 years.
These two units are boiling water reactors, which are different from the mainstream pressurized water reactors in Germany.
Germany ’ s non-nuclear decision in 2000 was a pragmatic compromise that quelled the protests of anti-nuclear groups, kept the plant running smoothly, and provided the government with enough time to think about national energy policy.
An industrial leader reminded the government that reliable and affordable energy is an important part of Germany ’ s economic policy.
Opposition leaders in Congress said there was a chance they would change the decision.
The expectation of power companies is to increase the average operating year of all nuclear power units from 32 to 40 years, and then to 60 years depending on the situation of individual units.
● New opportunities brought about by the change
In September 2009, the new coalition government of the Christian Democrats and the Liberal Party announced plans to withdraw the "non-nuclear policy".
At this time, Germany still has 17 operational nuclear power units, but one is in a long-term state of decommissioning.
If all the units can be extended from the original agreed 32 years of operation to 60 years, it is estimated that the additional profit of the power company will be 100 billion euros, and the government must take a share, let alone 50 billion euros.
Financial negotiations took a year to complete.
The new nuclear policy allows for 40 years of operation (an additional 8 years) for units that were negotiated before 1980, and 14 years for units that were negotiated after 1980.
The government pays dividends on the extension of nuclear power plants to the national treasury under various taxes, donations and surcharges.
For example, the tax on nuclear fuel based on the weight of nuclear fuel used is increased to 2.3 billion euros per year, equivalent to 0.016 euros per kilowatt-hour.
In order to supplement the development of renewable energy, we will provide 300 million euros each in 2011 and 2012, 200 million euros each from 2013 to 2016, and 0.009 euros per nuclear power generation after 2016. The funds will also fund a recovery plan for a waste salt mine that is disposed of from nuclear waste.
Germany ’ s policy of abandoning nuclear energy has officially turned a corner.
• Planning does not change
On March 15, 2011, German Chancellor Angela Merkel announced that the new nuclear energy policy adopted only four months ago was suspended for three months. At the same time, seven units that had been negotiated before 1980 were immediately shut down. This represents a decrease of 8,336 MW, or 6.4% of the total installed capacity.
In May 2011, the German regulatory authority issued a statement saying that after various assessments, all German nuclear power units are in good condition and there are no concerns about their safety.
Despite this, the German government announced on May 30 that under pressure from anti-nuclear local governments, it will return to its original non-nuclear policy and close all nuclear power plants by 2022. At the end of June and July 8, the German House of Representatives and the Senate respectively passed decrees to expand wind power generation in response to the shutdown of nuclear power plants, while agreeing to build coal-fired power plants and gas plants without changing carbon reduction targets.
In order to solve the problem of insufficient baseload power after the nuclear power plant is stopped, electricity will be imported from France, Russia and Poland.
It ’ s all about non-nuclear policy.
Some nuclear power plants have been forced to shut down, but the nuclear power plants that continue to operate still have to pay various heavy taxes according to the 2011 revision of the Atomic Energy Law. Tax rebates of €6.3 billion between 2011 and 2016 and the suspension of tax on nuclear fuel.
The nuclear fuel tax was abolished at the end of 2016. In order to avoid the nuclear fuel tax, the fuel exchange time of five German units was postponed to January 2017, and a total of 8 billion kWh of power generation was lost from mid-December to the end of February 2016.
After 10 years of litigation, the government reached a settlement with four power companies for a total amount of 4.8 billion euros.
This amount of money is the most direct price of policy repetition.
In response to nuclear waste, in order to maintain a stable power supply, the huge investment in power generation and transmission systems is a heavier burden on society.
In May 2011, the German power grid department warned that the closure of nuclear power plants will lead to insufficient baseload power generation capacity, and renewable energy generation facilities are scattered, and renewable energy rich areas and power consumption areas are at a distance, requiring transmission networks.
The lack of power transmission capacity will make the grid fragile and unreliable, and the stability of the grid is facing great challenges. In May 2012, Germany announced a 10-year plan to expand and strengthen the grid, with a total of 26 transmission projects, with a total investment of 10 billion euros.
Germany calls the policy of increasing the proportion of renewable energy generation and phasing out nuclear energy as Energiewende (energytransition), an appropriate translation is also our slogan, "energy transition"!
For the public, the direct cost of the energy transition is that household electricity prices are the second highest in Europe and the highest in Denmark.
According to statistics, in December 2021, the price of domestic electricity in Germany was 80% higher than that of France.
Electricity prices in Germany
The electricity market in Germany is completely liberalized, and power companies sell electricity generated by various forms of electricity generation in the wholesale market. The price of electricity in the wholesale market is open information, which allows power companies to obtain electricity from the wholesale market and transmit it to consumers through the electricity network.
Taxes paid by different types of consumers are also different.
Due to various measures to reward renewable energy, distorting the market mechanism, the German wholesale electricity price is lower than other countries, and sometimes even negative, 298 hours of wholesale electricity price is negative in 2019 and 139 hours in 2021.
The average wholesale price of electricity in the German electricity market is 0.03767 euros / kWh in 2019, 0.03047 euros / kWh in 2020, and 0.09685 euros / kWh in 2021. The average price in the first half of the year is 0.054 euros / kWh, rising to 0.1380 euros / kWh in the second half of the year.
As shown in the attached figure, the Russian-Ukrainian war caused a surge in gas prices, which had a huge impact on electricity prices in Germany; in July 2022, the high price of 0.3153 euros per degree was 6.4 times that of January 2019!
The price of electricity for domestic or small commercial use in Germany is very high.
Look at the price structure of electricity for German households.
Germany ’ s household electricity price in 2006 was 0.1946 euros per kWh. It rose to 0.3216 euros per kWh in 2021, and has reached 0.3714 euros in 2022. In 2021, more than half of Germany ’ s household and small business electricity price burden came from additional taxes or fees due to energy policies. 16% is a sales tax, 20% of the renewable energy surcharge is paid to the renewable energy industry, 6% of the electricity tax (also known as the ecological tax), and there are three smaller surcharges.
If so, why not in the first place?
In 2010, Germany had 17 nuclear power units with a total installed capacity of more than 20 million megawatts, accounting for about 15% of the total installed capacity. In 2010, the total generation capacity was 133 billion kWh, accounting for about 25% of the total generation capacity. At the end of 2011, there were 9 nuclear power units with a total installed capacity of 12 million megawatts.
Compared to 1990, the total installed capacity was 1.3 times, but the power generation increased by only 11%.
Wind and photovoltaics account for nearly half of the installed capacity, but only 28% of the generation.
Nuclear power plant capacity accounted for only 4.1%, but power generation accounted for 12.4%. In 2021, three nuclear power units were shut down, and there are only three units in operation, with a total installed capacity of 4.055 million megawatts, accounting for less than 2%, and the total power generation may be about 6%. Can the economy afford to shut down the remaining three nuclear plants in 2022?
According to a news report on August 18, "Germany is facing an energy shortage crisis this winter and has planned to delay the closure of the country's last three nuclear power plants."
The decision has not yet been formally adopted by Prime Minister Bernard Shaw and may need to be passed by parliament. Details are still being discussed and a cabinet resolution will have to wait weeks for an energy demand assessment to come out, but officials believe the results are already known, according to three officials.
According to online data, Germany has eight decommissioned units that have not been in service for 40 years, and if the international consensus is that nuclear power units can be used for at least 60 years, the extension of these units can significantly reduce the dependence on imported natural gas.
It remains to be seen whether the shift in German nuclear policy will extend to these eight units.
● Other Mountain Stone
Looking at Taiwan ’ s electricity situation, the schedule summarizes Taiwan ’ s electricity data for 2019 and 2021, which can be compared with Germany ’ s data for 2019. Germany ’ s total installed capacity and total power generation in 2019 are 4.1 times and 2.2 times that of Taiwan, respectively.
The average capacity factor for electrical equipment in Germany is 30% and in Taiwan it is 56%.
Renewable energy cannot generate electricity all the time, and when the installed capacity is large, the average capacity factor will be low.
But there are other factors, in 2019, Germany ’ s natural gas installation capacity of 46 million megawatts, generating 90.8 billion kWh; Taiwan is 17.57 million megawatts and 91.2 billion kWh; the installed capacity is only 38% of Germany ’ s, but the power generation is equivalent.
Germany ’ s electricity grid is part of the European continent ’ s electricity grid, and data can be found on the network. In 2020, Germany exported 66.39 billion kWh of electricity and imported 48.05 billion kWh. About 20% of Germany ’ s domestic electricity production is exchanged with other countries.
If the exchange is not possible, it is necessary to abandon electricity when the amount of renewable energy generation exceeds the amount of electricity used or the capacity of the grid; when the renewable energy generation is insufficient, more dispatchable units are needed.
Renewable energy generation must be coupled with a power generation facility that can be scheduled, so that the power grid can be stable.
When the capacity of renewable energy installations is large, the capacity of the installations with the power generation facilities that can be adjusted will also increase.
The average capacity factor of German natural gas units is only 15%.
In other words, Germany ’ s natural gas unit is idle 85% of the time, isn ’ t that the cost of renewable energy?
When renewable energy must have a total installed capacity of 12.7 million megawatts (54.8%) of renewable energy (wind, light, water, and waste) with a capacity of 255.1 billion kWh (41.9%); the installed capacity is 16.3 times that of Taiwan ’ s 7.8 million megawatts in 2019, and the power generation capacity is 16.8 times that of Taiwan ’ s share is only 5.6%. Degrees.
From the number of renewable energy generation, Taiwan really can not be compared with Germany, but can we really develop to the realm of Germany?
Germany ’ s territory covers an area of 357,622 square kilometers, 9.9 times Taiwan ’ s 35,980 square kilometers.
Simply estimate the amount of renewable energy generated per square kilometer of land in Germany is only 1.7 times that of Taiwan.
In other words, if Taiwan ’ s renewable energy development can be as good as Germany ’ s, our renewable energy generation capacity can be doubled again! Is that enough? What does the rest rely on? Petrified fuels? Taiwan ’ s use of fossil fuels for power generation is 82.0% in 2019 and 83.3% in 2021. What should we do about the reduction of greenhouse gases? Energy can be developed, hydrogen is an energy carrier, not energy, that is, hydrogen production still depends on other sources of energy.
The Germans can ’ t take the risk, we don ’ t see it.
Germany's nuclear energy policy is all caused by natural gas, on the one hand, the source is cut off, on the other hand, the natural gas shortage caused by the soaring price of fossil fuels.
Fossil fuels account for 46.3% of Germany ’ s electricity generation, and the rise in wholesale electricity prices has been alarming. The German government has revised its nuclear energy policy once again in order to spread the risk of excessive reliance on natural gas.
In Taiwan, fossil fuel power generation accounted for 83.3% in 2021, can the impact on electricity prices be lighter than in Germany?
You can't see that Taiwan Power Company is expected to have a loss of 200 billion yuan this year, and CNOOC is also in the tens of billions!
The government is afraid to adjust the price of electricity and natural gas for fear of affecting the election.
A few days ago, the media reported that the government has compiled a budget to directly eliminate the deficit.
Do they still have the law in their eyes?
If the government respects the results of the 2018 referendum on nuclear and green energy, and four years ago it began to promote the renewal of the licenses of the four nuclear companies to transfer and operate China's power plants, Taiwan will pay a lot less in this wave of soaring fossil fuel prices.
A while ago, the military exercise across the strait, it can be seen that it is rehearsing to block Taiwan, if it is really blocked in the future, our natural gas stocks can stand for a few days! Our government seems to be old in the ground is not proper, still clinging to the god of the non-nuclear homeland, refusing to open their eyes to see the latest international energy trends.
After Germany abandoned its non-nuclear policy, the only countries in the world that have used nuclear energy, only Taiwan has a non-nuclear timetable, China, the United States, France, Japan, South Korea and India, etc., are building or planning new nuclear power plants.
The Taiwanese government should wake up.
Those who pretend to sleep cannot wake up, so let us spit on those who stand in line with those who pretend to sleep!
With the election looming, let ’ s ask the candidates whether they support nuclear power?
If not, ask him to tell you where Taiwan's energy policy should go, how Taiwan meets the requirements of international carbon reduction, what to do when Taiwan is short of power, and who pays when electricity prices surge? (The author is a Distinguished Professor of Engineering and Systems Science, National Tsing Hua University)
※ The above statements do not represent the position of Wangzhong Media Group ※
# Germany # Unit # Electricity # Euro # Nuclear

The country's nuclear infrastructure is under NATO control.

Title:

Content: - A plus A.
Okaz (Washington, Jeddah) @ okaz _ online
The National Interest attributed Germany ’ s denial of nuclear weapons to being a signatory to the Nuclear Non-Proliferation Treaty (NPT) after the end of World War II.
There are many political, military and economic obstacles preventing Germany from acquiring nuclear weapons.
She warned that Germany ’ s decision to withdraw from the treaty would fundamentally destroy Western solidarity and herald a new nuclear race.
After 1945, Germany felt more secure when its foreign and security policies were placed squarely within a broader Western security structure; the German military was an integral part of NATO ’ s military structure, a prerequisite for West Germany ’ s rearmament and accession to NATO in 1955.
Germany ’ s conventional forces are under the control of NATO ’ s supreme commander, who is always a U.S. military commander, so Berlin will have to either put its nuclear weapons under U.S. and NATO control, or exit the alliance itself, which is expected to further undermine Europe ’ s security architecture than the Russian war in Ukraine.
But Germany has many options for producing fissile material that can be used in warheads, all of which are technically possible: Berlin could keep its civilian nuclear reactors and use them to produce plutonium.
The use of commercial reactors would be the least expensive and fastest option for Berlin, and Germany could also build reactors dedicated to producing plutonium at a cost of billions of dollars.
Instead, Berlin could opt for uranium-based weapons — which it maintains a used stockpile of the material — to make weapons through centrifuge enrichment, but building sets of centrifuges is a large, long and expensive industrial project, but technically feasible for it.
Converting weapons-grade plutonium-239 or uranium-235 into warheads is not easy, but Berlin ’ s biggest challenge may arise when it tries to convert its stockpile of nuclear warheads into offensive nuclear weapons; it will cost several billion euros and take years.

The Russian-Ukrainian war has severely disrupted Germany's energy supply chains.

Title:

Content: (Bloomberg) -- The full economic consequences of Russia’s invasion of Ukraine will only be felt later this year, warned Christian Sewing, the chief executive officer of Deutsche Bank AG in an interview with Welt am Sonntag newspaper.

“Many side effects of this war will only become apparent in the second half of the year,” Sewing said when asked if a recession looms if the war continues for longer. “Consumption will fall, inflation will rise anyway and may remain above 5% for longer.” Supply will also be tight due to disrupted supply chains, he added.

Sewing said he expects the European Central Bank to raise interest rates in the second half of the year. “In the end, our economy is not likely to grow by 4% or 5% as originally assumed, but by 2% to 3%. In our base scenario, I don’t expect a recession yet.”

Sewing also said:

  • “We should let the current sanctions unfold their effects. They do enormous harm to the Russian economy. We see this in the Russian financial market, which is down.” And while they may have negative effects on us, “we have to keep this up.”
  • “We have to set sanctions so that they hurt Russia more than they hurt us”
  • Shutting down the Nord Stream 1 gas pipeline would soon lead to major energy supply problems and significantly higher prices in Germany
  • As long as energy imports from Russia are still possible, the German economy should hold up well
  • If the latest nuclear power plants are really as safe as some say, Germany should “at least examine” them instead of “ruling out nuclear energy”

©2022 Bloomberg L.P.

Germany relies heavily on Russia for 55% of its natural gas imports.

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Ukraine and energy crisis, Germany to revise economic outlook
2022 / 3 / 30 21: 53
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FRANKFURT (Reuters) - Germany ’ s government economic adviser today revised his country ’ s growth forecast for 2022, warning that the war in Ukraine and soaring energy prices will damage Europe ’ s largest economy.
The German Council of Economic Experts now expects Germany ’ s gross domestic product (GDP) to grow by only 1.8 percent this year from last year, down from its previous forecast of 4.6 percent.
"Russia's aggressive war against Ukraine and energy prices are making the economic outlook dramatically worse," they said in their latest report.
The experts, whose forecasts are being watched by Prime Minister Olaf Scholz ’ s government, said they expect inflation to hit a decades-high 6.1 percent in 2022 as energy costs and supply chain disruptions continue to drive prices around the world.
These experts expect inflation to fall back to 3.4% in 2023, while economic output should rebound by 3.6%.
The conflict in Ukraine has dashed hopes that Germany will finally emerge from the COVID-19 pandemic and return to growth.
Germany ’ s export-oriented industry is particularly vulnerable to supply chain bottlenecks and raw material shortages caused by the outbreak, and the pace of economic recovery has lagged behind other major European economies such as France and Italy.
Achim Truger, one of the consultants, said: “The supply chain has been strained by the Covid-19 outbreak, and this war has put additional pressure on it. ”
"At the same time, soaring natural gas and oil prices are putting pressure on business and private consumption."
German car giants Volkswagen and Mercedes-Benz have been forced to cut some of their factory production due to the lack of vital parts from their Ukrainian factories, and exports to Russia have stopped.
Germany is also more dependent than other European countries on Russian oil, gas and coal for its industrial operations and home heating needs.
Germany imports 55% of its natural gas, half of its coal and about 35% of its oil from Russia.
Berlin has vowed to move away from its dependence on Russian energy in the near future by switching to other suppliers and accelerating the development of renewable energy.
But Germany has resisted calls at home and abroad to boycott Russian energy, fearing it would have a devastating impact on the economy.
German Economy and Energy Minister Robert Habeck launched Germany ’ s Tier 1 gas emergency plan earlier today amid growing concerns that Russia could shut down energy supplies in response to Western sanctions against it for waging war.
Hubbard also called on citizens and businesses to reduce their energy use.
"We are in a situation where saving every watt helps," he said. 1110330
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Some Germans want to bring nuclear reactors back online due to energy security concerns.

Title:

Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Gas crisis prompts Germany to consider extending life of remaining nuclear plants
Germany may extend the life of its three remaining nuclear power plants, the economy ministry said on Monday, as public support for them grows in the face of a possible Russian gas outage.
Germany's remaining nuclear plants are due to close by the end of the year, after former chancellor Angela Merkel pledged to phase out nuclear power in the wake of Japan's Fukushima nuclear disaster in 2011.
The three plants accounted for up to 6 percent of Germany ’ s electricity production in the first quarter of 2022.
The ministry said the country's power grid operators had requested a new assessment on the viability of nuclear power.
"We will now conduct another assessment and then make a decision based on the clear facts," a ministry spokesman said, adding that the results of the new assessment were expected to be released within a few weeks.

Germany's government is considering delaying nuclear plant shutdowns, with the Economy Minister opposed to renewal and the Finance Minister in support of extension.

Title:

Content: German Economy Minister Robert Habeck ruled out renewing the country ’ s last three nuclear plants to save gas, saying the plant would only save up to 2 percent of natural gas use.
In a public discussion with the public on the government ’ s Open Day, Haberk said such savings would not be enough to reopen the debate on decommissioning nuclear power because there was a consensus on the issue.
After the 2011 Fukushima nuclear disaster in Japan, with the support of a majority of the German people, former German Chancellor Angela Merkel issued a bill to stop using nuclear power by the end of the year; but due to the reduction of natural gas supply in Russia, people are worried about the energy crisis this winter, attitudes have changed, and the three-party coalition is also divided on the issue.
"It was the wrong decision to do so because there was not much savings," said Mr Harbaugh.
In the 1970s and 1980s, Harburg's Green Party began as an anti-nuclear movement.
On the other hand, Finance Minister Christian Lindner of the Free Democratic Party reiterated his position that extending the life of nuclear power plants for a limited period of time would be better than reusing coal-fired power.
“We shouldn ’ t be too critical, we should keep all possibilities open, ” Lindner said, adding that in the current situation, he was open to extending nuclear power“ for a few years. ”
In addition to the debate over gas-saving measures, Haberke said he was open to extending the life of one of Bavaria ’ s nuclear plants if stress tests showed that it was necessary to ensure grid stability and power supply in winter.
German Chancellor Olaf Scholz said the results of the stress tests should be available by the end of the month or early next month, when a decision will be made.
(Translator: Zheng Shiyun / Authored by: Lu Yingzi) 1110822
# Hubble # Save # Nuclear Power Plant # Natural Gas # People

The EU Commission proposes nuclear power as a transitional energy source, but Germany opposes due to its perceived risks and costs.

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Content: EU chaos! Macron and Scholz in furious bust-up over EU energy plans: ‘Risky and expensive'

FRENCH President Emmanuel Macron and German Chancellor Olaf Scholz are locked in a furious bust-up over EU energy policy plans as disagreements have sparked division in the bloc.

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Macron wields 'tools to set EU agenda'

While France has been pushing for nuclear to be included in the EU’s sustainable finance taxonomy, Germany is in the process of completely phasing out the energy source in the country. The EU’s taxonomy is intended to hand a green badge to companies and activities — or to withhold it — to “help shift investments where they are most needed". This is part of the bloc’s aim to direct funding towards energy sources with a low or zero carbon footprint.

But this has sparked fury as Germany does not view nuclear power as a form of clean energy.

Mr Macron wants gas and nuclear to be labelled as a “transitional” source under the taxonomy as he claims they are needed for the clean energy transition.

He says that this is because renewables are “intermittent, and thus not totally substitutable, even with our interconnections [in Europe], for non-intermittent sources of electricity production” like gas or nuclear power.

And these calls do not come as much of a surprise, given that 70 percent of French electricity is generated by nuclear power.

Mr Macron has pointed to the verdict from experts on the Intergovernmental Panel on Climate Change (IPCC) to back up his calls.

Macron and Scholz are in a furious energy bust-up (Image: Getty )

Emmanuel Macron is pushing for nuclear power to be included in the EU taxonomy (Image: Getty )

They claim that “nuclear power is one of the solutions to decarbonise our economies”.

And this seems to have convinced Brussels, as the EU Commission drew up a draft proposal, circulated on 31 December, for this to come into effect.

Subject to a consultation period until Friday (21 January), It gave EU members and others just three weeks to analyse the proposal and provide their own comments.

Germany is strongly opposed to the nuclear plans and has been phasing out nuclear power for over two decades.

It also plans to shut down its three remaining plants at the end of the year.

READ MORE: World holds breath as Ukraine to fire rocket amid Russia tension

Olaf Scholz's Government is opposed to the EU's proposal (Image: Getty )

But it is not Berlin who disapproves of the proposal.

The EU Platform on Sustainable Finance, a European Commission advisory body, has torn the proposal apart.

In an opinion piece, it argued that nuclear power is not an entirely clean energy source, and that fossil gas is “far from green”.

Under the EU’s draft proposal, gas-fired power plants would get a “transitional” investment label if they meet a certain criteria.

That is if they use “at least 30 percent of renewable or low-carbon gases as of 1 January 2026, and at least 55 percent of renewable or low-carbon gases as of 1 January 2030”.

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Germany argued nuclear is not a clean energy source (Image: Getty )

And as of January 1, 2036, the Commission said all gas-fired power plants would have to “switch to renewable or low-carbon gases” to qualify for the EU’s green investment label.

But under EU rules, no technology can be considered green if it causes “significant harm” to any of the taxonomy’s six environmental objectives.

Those are climate change mitigation and adaptation, water protection, the transition to a circular economy, pollution prevention, and biodiversity protection.

Germany has been kicking up a fuss over the proposals, calling them “risky and expensive” in a letter sent to Brussels.

Vice Chancellor Robert Habeck said in a joint statement with Environment Minister Steffi Lemke: “As the federal government, we have once again clearly expressed our rejection of the inclusion of nuclear energy. It is risky and expensive."

Germany has also claimed that there is a lack of safety requirements in the nuclear field.

Robert Habeck sent a letter to Brussels slamming the proposal (Image: Getty )

And it argued that the lengthy construction of new reactors "does not offer a short-term opportunity" to phase out carbon-intensive energy sources such as coal.

But while it has poured cold water over nuclear plans, Germany does not seem so opposed to the inclusion of gas.

In the letter sent to Brussels, it reads that gas used in "ultra-modern and efficient gas-fired power plants forms a bridge for a limited transitional period".

But the German Government did mention that the proposed fuel switch targets to low-carbon and renewable gases laid out by the taxonomy proposal are not realistic.

And Mr Macron is travelling to Berlin today to meet with Mr Scholz.

While the leaders’ meeting will focus on the Russia’s mounting pressure on Ukraine, the energy plans will no doubt be a topic of conversation too.

Germany's energy transition is hindered by inadequate grid infrastructure and limited transmission capacity from north to south.

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Content: Alert
The secret identity of Hu Ge 's wife is revealed, "spend 3.5 million to learn makeup to attract him"
Yeh Wu-yang-kuang has a new girlfriend! A friend reveals that she is popular 2 key "Message will be back immediately"
Lin Yihua finally took office as vice mayor, and Lan Ying was willing to be scolded, and Chu Lilun had three big plans.
How did the German model achieve an unbearable energy transition war across the sea?
【 By Fu Guanqi 】
Environmental awareness, green energy production has always been regarded as the world's superior Germany, but because of a Ukrainian-Russian war, let the bright achievements behind the unfinished business, exposed to the world.
Is this general review of energy security, ignited by war, a crisis or a turning point for Germany, which rose from the ashes of World War II? Can Germany break through the status quo and turn into a new model for a sustainable economy in the future?
Or is it a death on the road to transformation? How can Taiwan find its future direction from this “energy transition war ”?
Just after Christmas, for many Dodd families, the most wanted Christmas gift may be a heat pump to make the whole family better through the winter.
Unlike the tens of millions of domestic heating systems in Germany that still use natural gas or oil as fuel, heat pumps are powered by electricity, which can be seen as "reverse air conditioning", which has a higher thermal conversion efficiency and symbolizes energy access at a lower price.
The energy crisis caused by the Russo-Ukrainian War has become a watershed in the price of energy in Germany.
The past dependence on Russia to import a large amount of cheap energy can not be returned, and the international carbon pricing mechanism is increasingly complete, which has led Germany to realize that only green energy is the way to reduce energy prices again.
The "Vision" team traveled to Germany, in-depth interviews and observed that the consensus that permeates German society today is: "There is not much time for the energy transition, and we must accelerate progress."
German Green Party MP Till Steffen, who visited Taiwan in 2022, told Visionary that "this' energy crisis' has accelerated the 'energy transition' and become a priority for the government."
German Economy Accelerates Greening, Renewable Energy Becomes National Security Foundation
This is not just a matter of paper. At the end of 2022, Germany inaugurated the country ’ s first liquefied natural gas (LNG) terminal.
Germany decided last spring to build it, and it could be completed in a few months. “This is super fast for Germany, ” Steffen said.“ We need to scale up renewable energy at the same rate. ”
If you make decisions at the slow pace of your past habits, you won ’ t be able to achieve the goals you set. ”
In the past, far less ambitious than the Green Party ’ s liberal finance minister, Christian Lindner, has also designated renewable energy as “free energy ”, emphasizing its function to enhance Germany ’ s energy security and economic independence.
In this context, the two pillars of the energy transition, "switching to renewable energy" and "improving energy efficiency", have also become the top priorities of enterprises in the country.
Even the German machine tool manufacturer MAG, a pioneer of Industry 4.0, has re-examined energy conservation and is preparing to install solar panels on its plant.
“Many investment plans are being reevaluated because of higher energy prices, ” explains Sebastian Schoning, MAG ’ s head of Europe & Americas.“ Many investments that were previously unprofitable are now justified. ”
Solar panels that can be used for their own use and can be sold for electricity have been greatly shortened, and with tax incentives, large and small businesses and families have been selling out; installation technicians are so hot that waiting in line has become a new normal in the last few months.
Yen Chien-ho, general manager of the German branch of FSP, which has been operating solar energy storage business for more than six years from Taiwan, revealed that the green energy product line is already the main revenue of the company, and it is estimated that by 2023, solar related products can grow by 50%.
Quanhan also saw the business opportunities of green energy vehicles in Europe and decided to set up a new R & D center in Germany to attack customized charging devices.
Another Taiwanese company that has been working in Germany for ten years, Servo Press Co., Ltd. is also favored by European customers due to the fact that the product consumes about 50% less power than traditional presses, and is expected to double its business performance in 2023.
Germany has been driving the energy transition for decades. The driving force of this energy crisis is mainly reflected in the change of mentality and the re-calculation of business interests.
First, in terms of mentality, Germany used to import about 60% of its energy, and is more heavily dependent on cheap fossil fuels from Russia.
However, when energy is no longer so readily available, it has also greatly changed the German society's view of energy: in the past, everyone saw renewable energy as a threat to the stability of electricity supply, and now it is an important basis for protecting national security.
Second, in the eyes of enterprises, green energy has become the only energy source that can maintain long-term competitiveness.
"We all know that there is no future for fossil fuels," said Markus Rosenthal, director of government relations at the German Association for Energy Storage Systems. He cited the withdrawal of Allianz, Germany 's largest insurance company, and the active investment of major banks in decarbonization technology as examples. The effect of greening the German economy is greater than anyone else. "
Many may have heard of Germany ’ s Energiewende vision after the Fukushima disaster.
But such a concept has taken root in Germany ’ s anti-nuclear movement since the 1970s.
Since then, the Green Party movement has developed with the greatest political influence in the world.
GREEN ENERGY GREEN ENERGY CHALLENGE 1: Lack of work, insufficient capacity of Northern Power South
The Renewable Energy Act (EEG), which came into force in 2000, made Germany the first major economy to promote renewable energy.
Over the next 20 years, the proportion of renewable energy supply has grown significantly from 6% to 46%, and this remarkable achievement has become an international model case for promoting energy transformation.
However, the model of the period of peace seems to be unable to withstand the test of war, and Germany still fell into the dilemma of energy crisis in the Russo-Ukrainian War.
Russia ’ s invasion of Ukraine and the weaponization of energy are certainly uncontrollable factors.
But the German society's caution against nuclear energy has also made Germany more dependent on relatively clean natural gas during the period of phasing out coal.
“We are over-reliant on fossil fuels and the development of renewable energy over the past few years has been too slow, ” said Malte Kuper, energy and climate policy researcher at the German Institute for Economic Research (IW).“ We must accelerate the correction of the structural errors of energy policy over the past decade. ”
Wilhelm Kiewitt, Director of Energy Economics at 50Hertz, a German power grid company, said: “We are vigorously promoting the construction of renewable energy, but we have not updated the grid infrastructure and have not ensured that the design of the electricity market is compatible.
As a result, the energy transition is not doing well. ”
Wind power located on the northern coast of Germany has so far been difficult to reach the industrial heartland of the south because the government has spent too much time coordinating with the residents of the south to accept high-voltage cables cutting through their beautiful landscapes.
The lack of capacity of Northern Power South has become a key missing piece in the German energy puzzle.
In addition, the political lobbying power of fossil fuel companies and strict regulations on onshore wind power have also slowed down the pace of transformation in Germany.
A few months ago, there was a demolition of nearby windmills to expand coal mines in North Wales. Although the efficiency of these windmills was low and they were expected to be rebuilt and upgraded, environmentalists criticized this as a retrograde policy in the midst of the energy crisis.
But the lack of urgency may be the key factor in Germany ’ s gradual deviation from its goal.
According to the German government ’ s 2021 forecast, all sectors, from energy, industry and agriculture, will not be able to meet the 2030 climate goals on the basis of current carbon reduction actions.
In terms of new technology, even if Germany began hydrogen energy research more than 30 years ago, it has not been able to enter the expansion.
Thomas Hilig, founder of THEnergy in Germany and a hydrogen energy consultant, pointed out that “we have studied hydrogen energy thoroughly and want to know everything. ”
But it may be possible to start expanding sooner.
Indeed, now is the time to launch the app. ”
The impact of high energy prices and increasingly extreme weather have become a reality in Germany, forcing the country, accustomed to sound and prudent action, to admit its mistakes and shortcomings and accelerate the progress of the energy transition.
The question is, is it in time?
Opening a recent German newspaper will find that a crisis is not necessarily a turning point.
Small and medium-sized enterprises (SMEs), which account for 99% of the total number of German enterprises, are struggling, and many companies may not be able to survive.
A survey of companies released by the German Chamber of Commerce and Industry (DIHK) in the summer of 2022 shows that due to high energy prices, 1 / 4 of enterprises have completed the deployment of production reduction, 1 / 4 have reduced the scale of operations, and the remaining half have not yet begun to act, and are still thinking about the corresponding steps.
At present, the German government has finalized a nearly 100 billion euro energy bill subsidy plan, but Asha Maria Sharma, deputy director of digital services at the Foreign Trade and Investment Agency, believes that financial subsidies are only part of the solution, companies must think about how to use AI, data analysis and other technologies to save energy, in order to remain competitive in the future when energy prices are higher.
However, the resources and financial power of SMEs are not as good as those of multinational enterprises, and it is not easy to face inflation, interest rate hikes, the impact on the dollar exchange rate and energy prices, and to devote more efforts to long-term investment layout.
For example, when the Covid-19 pandemic spread, Alexander Krug, the public relations manager in charge of the Berlin Digital Center for SMEs, observed that about a third of SMEs were suspending or even cancelling strategic digital investments that would bear fruit in the medium to long term.
Moreover, in the global semiconductor shortage, many small and medium-sized enterprises are competing for similar chips with the government-supported renewable energy industry, as well as Germany ’ s powerful automotive industry.
In terms of money and resources, it is difficult to win.
Cooper said that in the long term, the energy crisis can be an accelerator of the energy transition.
But for an industrial powerhouse like Germany, which has a high proportion of energy-intensive industries, there is also a risk that “industry may decline before the green energy transition is complete. ”
Many homes waiting for solar panel technicians to install their doors also reveal another risk: lack of work.
“If you ask a business, what ’ s the biggest question about operations? Almost every time the answer is, ‘ We need people. ’ ”
Especially in the areas of green energy and digital technology, which are crucial to driving transformation, there is a particular lack of technical talent.
Many countries in Europe have a shortage of jobs.
However, in the manufacturing sector, more than 40% of enterprises in Germany are understaffed.
In comparison, France is less than 25%, and Italy and Spain are less than 10%.
Even the director of the German public broadcaster said recently: "We have to recruit people from all over the world... even the German level of the candidates is not so important."
As long as I work hard, I don ’ t worry too much that they can only speak a few words of German. ”
GREEN ENERGY GREEN ENERGY CHALLENGE 2: Higher energy costs, the United States proposed a bill to reduce inflation and siphon off international investment
The evolution of the international situation has also made the adverse situation worse.
The European war is still raging, the epidemic is still hazy, and the tensions between the United States and China have caused Germany, formerly the beneficiary of free trade and international supply chains, to reverse the situation and increase the pressure.
In particular, in August 2022, the United States passed the $369 billion Inflation Reduction Act, proposing a simpler and more attractive subsidy specification than the European Union, which is likely to siphon off more international investment at a time when Germany urgently needs to accelerate the expansion of renewable energy.
Some scholars wonder whether Germany will be able to complete the energy transition that it failed to achieve during a period of relative stability in the face of many challenges.
Only recently did Germany significantly expand public spending to help society weather the epidemic. To date, it has allocated more than 260 billion euros in response to the energy crisis.
This is almost 7% of national GDP, well above the EU average of 83 billion euros.
Meanwhile, Germany is still trying to boost its defense budget to 2% of GDP.
Even if the money is relatively abundant, it is also pressure.
Reinhard Biedermann, a professor in the Department of Global Political Economy at Tamkang University, pointed out that to develop enough renewable energy to replace traditional energy sources requires a lot of investment, manpower and even land, which Germany cannot do at the same time.
“The energy crisis is really an opportunity to expand renewable energy.
But turning the crisis into a turning point is not so simple.
Germany depends not only on imports of fossil fuels, but also on imports of renewable energy.
After the decline of the German solar industry, about 95% of the domestic solar cells are manufactured in China.
Nordex shut down Germany ’ s last wind turbine turnstile plant in June 2022, taking into account costs, causing observers to worry that the wind energy industry may be heading toward a fate similar to that of the solar industry.
Steffen said that due to competition from China, the German solar industry has lost a lot of intellectual and political power, and now is the time to reinvigorate the domestic solar value chain.
“We still have capacity in wind energy, but we can ’ t find a market in our country because Chinese products are cheaper, ” Steffen said.
In some ways, the energy crisis is just beginning.
As the Visionary team rode a high-speed rail at a speed of nearly 300 kilometers across the edge of Germany ’ s beloved forest, they were greeted by rotating fans, solar panels laid on the roof of the building, and high-voltage power towers that transmit electricity over a long distance.
This has gradually become a familiar daily scene in German society.
At this point, it may be seen as an important milestone in the final completion of Germany ’ s energy transition, but it may also be the starting point for the decline of German industry.
Looking back at the challenges of the pandemic, companies in Dodd all agree that agility, flexibility and flexibility are essential skills to survive in the current changing environment.
In particular, German industry contributes more than a quarter of the country ’ s GDP, which is higher than developed countries such as France, the United Kingdom and the United States.
But strengthening the high-priced “Made in Germany ” brand with performance, quality and stability is threatened by higher energy costs.
Steffen acknowledged that many Dodd companies use cheap Russian energy to produce and then sell their products at high prices to the U.S. and mid-market.
This is similar to the common pattern in Taiwan.
Taiwan 's green energy students > risk assessment first, transformation needs to think about the overall order
Sucheta Govil, chief commercial officer of Covestro, observed that energy is already a global issue and resource constraints are becoming the foreseeable future. “Even if you are in Asia, energy prices are still cheap, but price increases are reflected in the supply chain. ”
This advantage is diluted by rising raw material costs, even if Germany considers itself to be of excellent mechanical engineering quality. ”
Even if Germany has only recently begun to cope with the energy crisis, the effectiveness of the policy measures will have to wait for time to prove, and there are still lessons for Taiwan.
First, understand your energy security and independence and conduct a risk assessment.
Leonard believes that encouraging energy conservation by raising energy prices and using this income to invest more in renewable energy is worth considering.
“Explaining to people the higher energy costs they pay will help develop renewable energy and improve energy security. ”
Second, think about the sequence of measures for the energy transition as a whole, and put limited resources in the right place at the right time.
Hans-Joachim Ziesing, a former energy transition consultant for Germany ’ s Future Energy Plan, shared that one of Germany ’ s mistakes was to set a good goal and vision before developing policies to be achieved.
A better approach might be to take a practical approach, clarify the quantitative benefits that each policy can bring, and determine that cross-party consensus can be reached to move forward together.
It is also important to continuously monitor the performance of data and to be accountable to all departments.
Hiliger observed that Germany ’ s national hydrogen energy strategy in 2020 shows that officials have learned from the siting of renewable energy and energy transportation.
“Many projects take production and consumption into account as a whole, for example, by making good use of existing construction, refurbishing natural gas pipelines to become hydrogen pipelines, rather than placing electrolytic tanks next to wind power plants. ”
Preparing businesses and citizens to move away from fossil fuels
Finally, it is the continuation of the momentum of social change.
In the past, Germany saw natural gas as a “bridging energy ” to connect fossil fuels with renewable energy; now, losing its main source of natural gas imports, it has had to restart coal plants and lease liquid-gas receiving stations.
After doing so, it may be harder to get rid of them in the future.
Ideally, when the hydrogen energy market matures, Germany can renovate this batch of liquid natural gas receiving stations into hydrogen energy receiving stations.
But the two are different energy sources after all, and the renovation will be another expense.
Whether it can be developed according to the plan is still uncertain.
After the government finalizes the energy subsidy policy, from the beginning of 2023 to April 2024, 80% of the bill will be protected by the price cap, and users will only pay 20% of the current price.
This will change people ’ s interest.
How to make good use of the incentive mechanism to encourage society to continue to promote energy conservation and transformation at the household, business and infrastructure levels is also a big test.
Although Taiwan, which has a higher industrial share than Germany, has yet to personally feel the waves of the European energy crisis, it will be crucial to be as prepared and adapted as possible to the future of higher fossil fuel prices before the price protection umbrella for long-term contracts ends.
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The country targets 80% renewables by 2030, with its current energy mix being 41% renewables, 28% coal, and 15% gas.

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Content: World

Berlin against, Rome is silent, Paris in favor. Nuclear power explodes in the EU

Germany closed three reactors in 2021 and plans to do the same with the other three in 2022. Belgium shares the same idea, “shut down” its seven plants by 2025. Spain, which has some reactors in operation as well, does not consider them “green” at all. Luxembourg dismisses the proposal to include the atom in the green taxonomy as a “provocation”. Austria of the atom does not want to know, with 82% of its primary energy production made from renewables (data 2019), and is studying a legal action against the Commission. France is delighted to see nuclear power (77% of its domestic production) taken into account by Brussels. Italy, which is fond of Minister Cingolani’s idea of increasing its gas extractions, is currently silent and at least hopes for a golden rule to exclude “green” investments from the calculation of the deficit. A few days after the publication of the draft of the European Commission on the green taxonomy, the distances between the 27 instead of narrowing, are widening and if yesterday they seemed divided, today they show themselves to be shattered.

The definition of the green taxonomy is fundamental in orienting investments: with the “green” stamp, industrial and infrastructure projects can be much more attractive for private capital. However, the decision to include nuclear and gas in the EU’s green taxonomy has met with harsh criticism already in recent weeks, when rumors had not yet taken the form of a draft Commission. The technicians from Brussels and the team of experts who collaborated in the drafting of the central document for the definition of the EU energy planning in the context of the Green New Deal tried to circumvent the foreseeable resistance by introducing some conditions for the two sources that are not neutral with respect to the climate and the environment. Nuclear and gas, first of all, will be considered compatible with the green taxonomy only for a defined period of time and “to the extent that they contribute to the transition towards climate neutrality and do not significantly damage the environment”, according to an official of Brussels. “The Commission sees the future energy mix as a predominantly renewable or low-carbon energy system. We really hope that this proposal will help bring about the change we need and channel private funding towards low-emission energy sources ”.

In fact, it means that investments in nuclear power will be “green” only if the projects presented have a well defined plan, funds and site for the disposal of radioactive waste in total safety. Building permits will only be allowed until 2045. It is worth remembering that at the moment there is still talk of third generation or third plus nuclear power. Not the fourth, the (slag-free) fusion that experts believe may have a role on an industrial scale no earlier than the middle of the century. As for gas, investments in power plants will be green only if they contribute to emissions of less than 270 grams of CO2 equivalent per kWh and replace more polluting fossil fuel plants. They will need to obtain a building permit before 2030.

On gas, the Commission’s conditions appear much more stringent. It is a non-solid fossil source, certainly less polluting than coal and to which Italy looks with interest, having unused methane deposits. Moreover, in a European context of high prices and constant reduction of supplies from the main supplier, Russia, for reasons of a geopolitical nature. But it is on nuclear power that the clash risks worsening at the community level.

“We believe nuclear technology is dangerous,” government spokesman Steffen Hebestreit told reporters in Berlin, noting that the question of what to do with the radioactive waste remains unresolved. Hebestreit added that Germany “expressly rejects” the EU assessment on atomic energy and has repeatedly affirmed this position towards the Commission. Germany is now considering the next steps to take. Germany is set to shut down the remaining three nuclear power plants later this year and phase out coal by 2030, while its neighbor France aims to modernize existing reactors and build new ones to meet energy needs. Berlin plans to rely on natural gas until it can be replaced by non-polluting energy sources. The opposite paths taken by two of the EU’s largest economies have led to an embarrassing situation for the Commission. The draft EU executive branch concludes that both nuclear power and natural gas can be considered sustainable under certain conditions for investment purposes.

Hebestreit said the German government’s goal is to use natural gas only as a “bridge technology” and replace it with non-polluting alternatives such as hydrogen produced from renewable energy by 2045, the deadline the country has set for becoming climate neutral. . The spokesman did not say whether Chancellor Olaf Scholz supports the opinion of the Minister of Economy and Climate Robert Habeck that the European Commission’s proposals are a form of “greenwashing”.

Germany has pulled the plug on three of its last six nuclear power plants. The Brokdorf, Grohnde and Gundremmingen C reactors, operated by the E.On and Rwe utilities, were closed on December 31st after 35 years of operation. The last three nuclear power plants – Isar 2, Emsland and Neckarwestheim II – will be shut down by the end of 2022. However, closure does not mean decommissioning, which will take much longer and is expected to take place by 2040 in the case of Brokdorf, for example. .

In 2021, the six nuclear power plants contributed about 12% of electricity generation in Germany. The German energy mix consists of 41% renewables, 28% coal and 15% gas. By 2030, Germany aims to meet 80% of energy demand with renewables. This is not the case in France where – given Eurostat 2019 – 77.6% of its energy produced comes from the atom and only 20% from renewable.

Germany is not alone in the firm opposition to the proposal put forward by Brussels: the draft “is a provocation from a procedural point of view” and “in terms of content it hides the risk of greenwashing”, wrote on Twitter the Minister of Energy of the Luxembourg, Claude Turmes, saying he is ready to “examine the proposal in detail and discuss further steps” together with Germany and Austria, equally opposed to including nuclear power among sustainable investments. The proposal was sent to governments on Friday, “in a nocturnal and nebulous action. This says a lot about transparency ”, attacked Turmes.

The same tones used by Vienna: if these are the plans “we will sue”, wrote on Twitter the Austrian Federal Minister for Climate, Environment and Energy, Leonore Gewessler, highlighting that nuclear energy is “dangerous and not it represents a solution in the fight against the climate crisis ”. Austria has no reactors and produces almost all of its energy from renewable sources.

The Spanish government also rejected the European Commission’s proposal to include nuclear and natural gas energy in the EU’s “green” taxonomy. According to Madrid, this is “a step backwards” and “a wrong signal” for the financial markets. Deputy Prime Minister and Minister for Ecological Transition and Demographic Challenge, Teresa Ribera, stressed that “regardless of whether we can continue to invest in one or the other, we believe they are not green or sustainable energies”. Spain – he added – “is a firm supporter of green taxonomy as a key tool to have common references that can be used by investors to achieve the decarbonisation of the economy and climate neutrality by 2050”, but include nuclear and gas “It would be a step backwards,” according to the government official Sanchez. “It makes no sense and sends the wrong signals for the European energy transition as a whole,” he stressed. While admitting that both nuclear power and natural gas have a role to play in the transition, this is “limited in time”. Member States have until 12 January to provide their response to the Commission. Then, once published, it will have to pass the scrutiny of the EU Council and Parliament, where the environmentalist parties are also announcing a battle.

In 2019, France was the country that produced the largest share of energy in the EU (20% of the total), followed by Germany (17%), Poland (9.6%), Italy and Sweden (6%). ). However, the debate on green taxonomy is intertwined with energy security (or sovereignty) in a particular historical phase, marked by risks to the security of supply due to geopolitical and military reasons, as shown by the tensions on the Ukrainian border. Primary energy production in the EU in 2019 was distributed among various energy sources, the most important of which in terms of the size of its contribution were renewables, with over a third (36.5%) of the total. Second place for nuclear power, with 32.0% of total primary energy production, with France in the lead, followed by Belgium (77% of domestic production in 2019) which, however, is about to abound in nuclear power like Germany. However, all European energy production is not enough to meet its needs: more than half of Europe’s energy is imported. The EU energy dependency rate exceeds 50%.

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Editor-in-Chief, James loves playing games and loves to write about them more. He knows a lot about entertainment because he has done a drama course. James loves writing, so he is our writer. email: james@d1softballnews.com

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Germany must cut gas consumption by 20% amid an energy crisis caused by reduced Russian supplies.

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Content: Germany To Postpone Closure Of Last Three Nuclear Power Plants - WSJ

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MOSCOW (UrduPoint News / Sputnik - 17th August, 2022) Germany, faced with possible energy shortages in the winter as gas supplies from Russia have dropped, intends to postpone the closure of its last three nuclear power plants (NPPs) in a move marking a departure from a two-decade policy to abandon nuclear energy, The Wall Street Journal reported citing German government officials.

The decision, which has to be formally adopted by the cabinet of Chancellor Olaf Scholz and would possibly require a vote in Parliament, could be weeks off, but already now the German government says two key conditions have been met that allow a temporary extension of the life of the three remaining NPPs, currently expected to close December 31: the possibility of a gas shortage and the confidence that a longer operation of reactors would pose no safety concern, according to the officials.

"The reactors are safe until Dec. 31, and obviously they will remain safe also after Dec. 31," the WSJ quoted a senior official as saying.

Scholz last week said for the first time that it could make sense to keep Germany's last three nuclear reactors online.

However, even if the life of the three German NPPs is extended, this will not be a panacea for Germany's looming energy crisis this winter as the country is mainly missing natural gas, primarily used for heating and manufacturing.

The European Union has been seeking to diversify energy imports and reduce dependence on Russia after Moscow started its special military operation in Ukraine.

Kremlin spokesman Dmitry Peskov has repeatedly said that Russia has never used gas supplies to punish anyone, but sells energy solely in its own interests, to increase the welfare of Russians and on a commercial basis.

The German government has also outlined measures to reduce gas and power consumption in the country over the next two years. The measures in particular include lowering the temperature in public buildings. According to Germany's energy regulator, gas consumption will have to be cut by 20 percent if Germany wants to avoid a gas shortfall during this coming winter and next winter.

The three officials who spoke to the WSJ said the extension of the NPPs' life would only be made for several months.

The power plants in question are Isar 2 in the southern state of Bavaria, Neckarwestheim 2 in Baden-Wurttemberg and Emsland in Lower Saxony. They are operated, respectively, by E.On SE, EnBW AG, and RWE AG.

After the start of Russia's special military operation to denazify and demilitarize Ukraine, the West has stepped up sanctions pressure on Russia, which has led to an increase in prices for energy and food in Europe and the United States.

The Russian-Ukrainian war has highlighted Germany's need for a diversified energy mix.

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The upper house of Germany's parliament signed off on a number of major legislative packages on Friday aimed at helping address inflation and soaring energy costsImage: Wolfgang Kumm/dpa/picture alliance
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Germany approves welfare reform, extends nuclear power

2 hours ago

Germany's upper house of parliament approved measures aimed at helping people hit hard by high energy prices and the high cost of living. The country's nuclear power extension will also take effect immediately.

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The upper house of Germany's parliament, the Bundesrat, approved extending the use of three nuclear power plants, overhauling unemployment benefits and other major legislation on Friday after heated debate among lawmakers.

After receiving approval from the Bundesrat, the measures will soon enter into law. DW breaks down what's set to change in 2023.

Nuclear power extension

The Bundesrat signed off on the extension of three nuclear power plants after the lower house, the Bundestag, approved the move earlier this month.

The nuclear plants — Isar 2, Neckarwestheim 2 and Emsland — will remain operational until April 2023 to provide enough power through the winter. The facilities had been slated to close at the end of this year under Germany's nuclear phaseout plans.

Chancellor Olaf Scholz decided to extend the life of the nuclear plants after Germany found itself facing a severe energy shortage. Russia turned off supplies of gas in response to the backlash over Moscow's invasion of Ukraine.

The extension was bitterly debated among Scholz's center-left Social Democrats (SPD), the environmentalist Greens and the pro-free market Free Democrats (FDP).

With Friday's approval from the upper house, the nuclear power plant extension will take effect immediately.

Germany set to keep nuclear plants running

Unemployment reform

Germany is set for a major welfare overhaul after the Bundesrat signed off on a compromise to reform unemployment benefits.

The changes will go into effect as of January 1, 2023, replacing the current and frequently criticized "Harz IV" unemployment benefits system that has been in place since 2005.

Under the new "Bürgergeld" system (which means "citizen's money"), those who are unemployed will get higher benefits and better vocational skills training.

The initial proposal by Scholz's government was rejected by conservative lawmakers in the Christian Democrats (CDU/CSU) bloc. Under the compromise, benefits could be cut during a six-month "trust period" if an unemployed person is deemed to not be looking hard enough for work.

According to the plans, those receiving benefits will also get more support in job training programs to prepare for permanent employment. The change also is an attempt to mitigate the shortage of skilled workers Germany is currently experiencing.

"This reform is a milestone of social policy in Germany," Scholz told the magazine Focus on Friday after the votes. "This reform put assistance for untrained people who belong to the long-term jobless front and center."

The measure must still be signed by German President Frank-Walter Steinmeier, although nearly all measures approved by the Bundesrat are signed-off by the president.

More money for Germany's unemployed?

Tax relief, higher child benefits

With inflation hitting consumers hard, lawmakers approved measures aimed at softening the blow.

The upper house approved legislation that would help people who receive pay raises that adjust for inflation. The new measures would prevent people having to pay more taxes due to pay raises.

Starting in January 2023, child benefit payments will also be raised. Families will now receive €250 ($260) per month for each child in the household.

The change is a big jump from the current system, which saw parents receive €219 per month for their first and second child, €225 per month for a third child, and €250 for each additional child.

More support for renters

The upper house of parliament also greenlit a law that seeks to help renters deal with skyrocketing heating costs.

Starting from January 1, renters will no longer have to shoulder the costs of heating with oil and natural gas — landlords and property owners will have to chip-in as well.

For buildings that are not energy efficient and produce a high proportion of CO2 emissions, landlords will need to pay more — and not the renters.

In addition, more people in low-income households will receive a housing allowance from the government. The expansion to the law means 1.4 million households are eligible for the payments, as opposed to the current 600,000 households that qualify.

While you're here: Every Tuesday, DW editors round up what is happening in German politics and society. You can sign up here for the weekly email newsletter Berlin Briefing.

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Extending nuclear power plants' life is seen as a temporary solution to the energy crisis.

Investment in nuclear and renewables can drive down costs, with solar energy costs falling 80% in the last decade.

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Content: Industry Voice: Energy independence drive could impact renewables adoption

• 6 min read

The devastating war in Ukraine has dramatically increased the need for energy independence in the European Union, which today announced a plan to reduce its reliance on Russian gas. This will require more use of fossil fuels in the short term, but long-term should accelerate the switch to renewables.

Amidst the horrifying war in Ukraine and the likely escalation of sanctions, European governments are rushing to find ways to reduce their dependence on Russian gas, through reopening or delaying closure of coal plants in Europe, and finding other sources of gas. Near-term, emissions and costs will rise as a result.

Simultaneously, countries and companies are looking for ways to mitigate their exposure to higher oil and gas prices through greater efficiency, more use of lower-cost alternatives such as renewables and investment in nuclear.

‘The wind and sun belong to no one' German economy minister and Green Party member Robert Habeck noted recently.

The International Energy Agency last week launched a 10-point plan on how to reduce reliance on Russian gas, advocating measures such as rerouting to other gas suppliers, increasing gas storage, accelerating wind and solar development, maximising existing generation from bioenergy and nuclear power, and speeding up the rollout of heat pumps to replace gas boilers. And today, the EU announced a plan for achieving energy independence "well before 2030" through greater use of LNG and energy storage, and swifter adoption of renewables.

In the long term, therefore, we expect the increased emphasis on energy independence, in addition to the structural move towards ‘net zero', to accelerate the energy transition.

Emissions likely to rise in the near term

In the short term, the push for independence will generate higher emissions given the EU's current energy mix (see chart 1). The EU relies on Russia for 40 per cent of its gas (90 per cent of all its gas is imported). The supply gap cannot be entirely filled by switching to alternative gas providers, and it takes time to build wind and solar plants. So it will have to consider other fossil fuels.

Germany, for example, has announced that it could delay the planned closure of some coal-fired plants and even consider extending the life of nuclear plants, though legal and technical impediments may make this impossible. Germany decided to phase out its nuclear capacity in 2011, following the Fukushima disaster - a decision that made the country more reliant on Russian gas.

In Italy, meanwhile, Prime Minister Mario Draghi has said the country would consider re-opening coal plants, and is seeking to increase domestic gas production, which had fallen in recent years. Enel, Italy's biggest utility, has been closing coal-fired plants in line with its targets for a complete exit from coal by 2027, and has so far not revealed any plans to re-open coal. We engaged with the company last week and it remains committed to its long-term goals for decarbonisation while acknowledging the near-term uncertainty. It has also announced that it will change plans to convert two coal-fired plants to gas, and will instead explore the possibility of re-purposing them into renewable energy storage infrastructure.

European utilities generally are likely to increase energy storage for both gas and renewables as well as sourcing more gas from North Africa and the Middle East.

Accelerating renewables to achieve independence and net zero

As well as seeking alternative sources of fossil fuels, European countries have signalled long-term plans to accelerate the move towards net zero.

Germany, which previously had a net zero target of 2040, has now brought this forward to 2035, and believes it can achieve 80 per cent of its target by 2030. German climate minister Oliver Krischer tweeted about the change as a way to stand with Ukraine. Other European countries have indicated similar intentions, though so far, no others have re-stated their net zero target.

At the time of writing, there has been little actual disruption of oil and gas supply to Europe. However, countries are positioning themselves for that eventuality and prices have risen significantly as a result. This provides further incentive to switch to lower-cost power.

Over recent years, the building and operational cost of renewable technology has fallen significantly, making an acceleration of net zero targets financially feasible. The cost of solar energy, for example, has fallen by around 80 per cent in the last 10 years. An increase in investment and the application of engineering expertise in highly skilled economies like Germany could drive costs down further. Planning approval processes could also be expedited to reflect the urgency of the geopolitical and environmental need.

Obstacles remain

That said, the prices of mainstream commodities needed for the transition (such as steel and aluminium) were already rising prior to the invasion of Ukraine on the back of high demand post Covid-19, and have risen even further in the last few weeks.

Rare metals needed for electric motors, photovoltaic cells and batteries could be particularly sensitive to price squeezes as production is concentrated within two countries - Russia and China. Retaining access to these key supply chains will be critical to a successful transition to renewables.

Intermittency, meanwhile, remains an issue. The irregular output of wind and solar assets means significant advances in storage technologies will be necessary to drive universal adoption.

Following the Ukraine invasion, markets are beginning to reflect this increased need. For example, recent moves in share prices of hydrogen electrolysis stocks suggest some investors now believe this technology, as yet unproven at scale, will one day provide part of the answer.

As the war continues to unfold in Ukraine, the benefits of moving away from an energy system dependent on imported fossil fuels have become even clearer. While there are still challenges ahead for the transition, we can hope that in the not-too-distant future, Europe's energy grid will be both cleaner and more self-sufficient.

This post is funded by Fidelity International

Important information

This information is for investment professionals only and should not be relied upon by private investors. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.  Investors should note that the views expressed may no longer be current and may have already been acted upon. Changes in currency exchange rates may affect the value of investments in overseas markets. Investments in emerging markets can be more volatile than other more developed markets. A focus on securities of companies which maintain strong environmental, social and governance ("ESG") credentials may result in a return that at times compares unfavourably to similar products without such focus. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for illustration purposes only. Issued by FIL Pensions Management, authorised and regulated by the Financial Conduct Authority and Financial Administration Services Limited, authorised and regulated by the Financial Conduct Authority. Fidelity International, the Fidelity International logo and F symbol are trademarks of FIL Limited. UKM0322/370541/SSO/NA

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Renewables rely on rare metals vulnerable to price squeezes and require storage technology advances due to intermittent output.

Germany has allocated over 260 billion euros to address the energy crisis, including a 100 billion euro subsidy plan.

Germany's energy market faces significant challenges and needs heavy investment in grid infrastructure to achieve its renewable energy goals or shift back to nuclear power.

Title:

Content: A state-owned Dutch company, the biggest electricity grid operator in Germany, said on Thursday that talks to sell its German business to the Berlin government have ended.

TenneT, one of four transmission network operators in Germany, announced plans for the talks back in February 2023, saying at the time it needed a "structural solution" to funding needs for its German business as the grid is bolstered to handle the transition to renewable energy, which it put at about 15 billion euros ($16.1billion).

The transmission lines are vital for Germany's plans to completely shift its power production from fossil fuels to renewable energy by 2045 at the latest. At present, some of the electricity generated by wind farms in northern Germany can't be dispatched to the south due to lack of transmission capacity.

The German government has now informed the Netherlands that "it cannot deliver on the planned transaction due to budgetary challenges," TenneT said in a statement Thursday. Chancellor Olaf Scholz's three-party coalition is currently rowing about how to put together a 2025 budget while adhering to Germany's tight self-imposed rules on running up debt.

This has already forced a hasty, court-mandated rehash of the 2024 budget, complete with subsidy cuts that prompted protests by farmers. TenneT, which also runs the electricity grid in the Netherlands, spoke of "tapping into public or private capital markets for a structural funding solution for its German operations."

They further added that the German government "is committed to support such alternative solutions."