Germany’s self-inflicted energy disaster

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Germany once operated over 22 GW of nuclear capacity, producing around 160 TWh annually at low cost and without emissions.

Following the Fukushima accident in 2011, Berlin accelerated closures, shutting 8 GW immediately and completing the phase-out by 2023.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.