• Germany to keep last three nuclear power plants running – WSJ

Market news

16 August 2022

Germany to keep last three nuclear power plants running – WSJ

In a policy U-turn, the German government plans to keep the last three nuclear power plants operational, the Wall Street Journal reported on Tuesday.

After having shut down three of the six remaining power plants back in January, German economy and environment ministers reaffirmed in March that the costs and risks of keeping nuclear facilities open outweighed the limited benefits. The last three nuclear power plants were scheduled to go offline in December.

Market reaction

There was no immediate market reaction to this headline and the EUR/USD pair was last seen posting modest daily gains at 1.0175.

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