The decision to phase out nuclear power generation, a move that drove energy prices higher, was deeply misguided, the chancellor has said
The German government made a “serious strategic mistake” by phasing out nuclear power, Chancellor Friedrich Merz has stated.
Germany shut down its last three nuclear reactors in April 2023, implementing a parliamentary plan decided after the 2011 Fukushima disaster.
Speaking at the New Year’s reception of the Halle-Dessau Chamber of Industry and Commerce on Thursday, Merz said he aimed to restore “acceptable market prices in energy production,” without constant government subsidies.
“It was a serious strategic…
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