From Marin Katusa, editor of Casey's Energy Opportunities:
In a dramatic about-face, Chancellor Angela Merkel announced last Monday that Germany will phase out nuclear power completely by 2022, shutting down its nine operational reactors and never restarting the seven reactors that were suspended in the wake of the nuclear disaster at Japan’s Fukushima Daiichi plant.
Germany has struggled with a conflicted yet essential relationship with nuclear power from the start. West Germany built its first nuclear power plant in 1960; since then, the country has come to rely on nuclear reactors for more than 20% of its power needs. But the industry’s growth has not come without opposition...
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