German Nuclear Exit May Boost Power Prices 30%, BDI Group Says
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Germany’s plan to accelerate its exit from nuclear power generation may raise electricity prices by as much as 30 percent, the BDI German industry lobby said.
The permanent halt of eight reactors and the closure of the remaining plants by 2018 could boost wholesale power prices to 70 euros ($102) a megawatt-hour that year, according to a study commissioned by the BDI and published April 24 on its website.