Financial TimesFinancial Times

Olaf Scholz backs extending life of German nuclear plants

By Guy Chazan

03 Aug 2022 · 3 min read

Editor's Note

You should read this story to learn why German Chancellor Olaf Scholz is onboard with extending the life of nuclear power plants as an added means to prevent the winter energy crunch.

Chancellor pins blame for Nord Stream 1 gas turbine glitch on RussiaGerman chancellor Olaf Scholz said it might “make sense” to extend the life of Germany’s last nuclear power plants, as reduced gas flows from Russia raise the prospect of a winter energy crunch in Europe’s largest economy.

He said the three plants due to close at the end of this year only accounted for a “small proportion” of Germany’s total electricity capacity. “But still it might make sense” to let them run for longer, he added.

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