The Costly Consequences of Germany's Nuclear Phase-Out

Germany decommissioned its nuclear power plants and shifted towards renewable energy sources like wind and solar, which could not generate the same amount of energy as nuclear power plants. Consequently, they had to invest heavily in fossil fuels to maintain the energy supply, which was not their initial preference. Alternatively, Germany could have invested in upgrading their nuclear fleet, which would have been more reliable, sustainable, and emission-free, although it would have taken more time.

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