Germany’s plan to extend the life of its nuclear power plants while decreasing subsidies for solar and wind farms is expected to impact the nation’s renewable energy industries.
Chancellor Angela Merkel’s conservative CDU party and FDP, the junior partner in power, are likely to reverse a law passed by the Social Democrats in 2002 scrapping nuclear power by 2020, according to Der Spiegel news magazine.
In an article, it says the nuclear power comeback will impact the development of expensive wind power plants for years and cost jobs.
Atomic energy will be required as a bridge technology until affordable, climate-friendly energy sources are reliably available in sufficient quantities so the limit on German reactor lifetimes to 32 years is thus rescinded, the paper says.
RWE and E.On and other companies are backing out from wind power commitments in Germany in expectation of the nuclear power extension.