Germany’s decision to phase out nuclear power is fundamentally sensible from an economic perspective

Gawel, E. & Strunz, S. (2014). Germany’s decision to phase out nuclear power is fundamentally sensible from an economic perspective.
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Germany has made a formal commitment to phase out the use of nuclear power by 2022. Erik Gawel and Sebastian Strunz write on the implications of the strategy for Germany’s future energy mix and whether the approach adopted in the country could function as a model for other European states. They argue that while the target is undeniably challenging, long-term it is economically sensible and feasible to phase out both fossil fuels and nuclear energy in favour of renewables.

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