The European gas crisis has hogged energy headlines for months. But that hasn’t stopped Germany from retiring half of its nuclear capacity by the end of the year and pushing an accelerated phase-out of its coal-fired plants by 2030. And for Germany’s energy security, it could spell disaster. The commitments to greenifying Germany’s grid are noble.
Unfortunately, they also appear ill-timed, as German baseload power for 2022 delivery—a European benchmark—hit a brand new contract high of 278.50 euros. This is an…Germany’s Reaction To The Energy Crisis Could Be Catastrophic
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