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Germany once had about 22 GW of nuclear power, producing over 160 TWh annually at a reasonable cost and with no emissions.
Following the Fukushima accident in 2011, Berlin immediately shut down 8 GW of nuclear capacity and completed the phase-out by 2023.
Source: Financial Compass
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.