Nuclear Power Plants in Liberalised Power Markets: The Ongoing Discussion on Nuclear Phase-Out in Germany and its Impact on the Power Market pp. 97-118
Authors: (Sven Bode, Franziska Teichmann, arrhenius Institut für Energie- und Klimapolitik, Hamburg, Germany)
Abstract: The phase-out decision of nuclear energy in Germany was initially regulated in the so-called Atomkonsens contract from 2000 between the German federal republic and the operating companies. In 2002 the Atomic Energy Act (Atomgesetz) was revised on the Atomkonsens basis under the then governing coalition of the Social Democrats and the Green Party. The revised Atomic Energy Act included a prohibition of additional commercial nuclear plant build-up and the limitation of existing plant running times to an average 32 years since commissioning. The Atomkonsens also regulated the remaining power supplies each nuclear plant was allocated for its remaining years of operation. Under this Act all German nuclear power plants are gradually going off the grid by 2022, but concrete data on the definite shut-down dates is not available since the remaining quantities of power that can be produced, can be shifted over time and between different plants. This phase-out decision has been argued since implementation in 2002 mainly for reasons of supply security in the future and because of increasing CO2 emissions and subsequently increasing wholesale power prices.