Market comment 2023

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Germany’s final three nuclear power plants close their doors on Saturday, marking the end of the country’s nuclear era that has spanned more than six decades. Nuclear power has long been contentious in Germany. There are those who want to end reliance on a technology they view as unsustainable, dangerous and a distraction from speeding up renewable energy. But for others, closing down nuclear plants is short-sighted. They see it as turning off the tap on a reliable source of low-carbon energy at a time when drastic cuts to planet-heating pollution are needed.

‘A new era’: Germany quits nuclear power, closing its final three plants

• How stupid is this? Can't they wait at least until the war has ended and the energy supply situation becomes clearer? Could still be a difficult winter ahead with the Chinese coming back to the LNG market.