• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Environmentnuclear power plants
Europe

Germany fudges exit from nuclear power, kicking energy crisis into next winter

Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
October 18, 2022, 12:03 PM ET
A government compromise around nuclear power represents a stinging defeat for finance minister Christian Lindner, whose constituents urged much longer lifetimes for the three remaining power plants.
A government compromise around nuclear power represents a stinging defeat for finance minister Christian Lindner, whose constituents urged much longer lifetimes for the three remaining power plants.Michael Kappeler—picture alliance/Getty Images

Chancellor Olaf Scholz punted Germany’s looming energy crisis into next winter in order to end an internal feud over the fate of the country’s three remaining nuclear power plants.

Despite vocal support from climate activist Greta Thunberg, he decided to extend the operational lives of the three plants only until April 15, 2023.

Afterward, Germany’s more than 50-year-long experiment with atomic energy comes to a likely end just three months longer than planned.

“The problem has only been postponed,” wrote conservative first minister Markus Söder of Bavaria, the wealthy state that is home to one of the plants.

“This may be a solution to the conflict in the coalition, but not for Germany’s electricity problem. The risk of a blackout in the coming year remains.”

The war in Ukraine has prompted a reckoning with Germany’s exit from atomic energy, a decision taken immediately following the Fukushima disaster in 2011, much to the delight of a Green Party that first rose to national prominence in the aftermath of Chernobyl.

Many of the small- and medium-size business owners that make up the backbone of Europe’s largest economy had relied on importing cheap plentiful natural gas from Russia as a substitute for the planned reduction of nuclear as well as coal-fired power.

They are now suffering from soaring electricity prices and even face the possibility of energy rationing owing to September’s shutdown of the Nord Stream 1 pipeline.

In view of the crisis, popular opinion showed overwhelming support in Germany to extend the operational lives of the three plants past the end of this year, when they were due for mandatory shutdown ahead of permanent decommissioning. 

On the to-do list

The 15-week extension is therefore a stinging defeat for the country’s economically liberal finance minister Christian Lindner.

His pro-business Free Democrats failed to overcome the resistance within the government to their proposal for an extension at least into 2024. 

Lindner had sought to use the recent support of Thunberg for plans to his political advantage.

But the Free Democratic Party (FDP) is the smallest of the three parties, and its election fortunes took a turn for the worse earlier this month when it was kicked out of the state parliament responsible for the nuclear power plant in Emsland. 

The FDP boss, who has repeatedly used the term “energy war” to describe Germany’s dire situation, tried to sell the fudge as progress, arguing Emsland would produce an extra 1.7 terawatt-hours of electricity for the economically depressed Lower Saxony.

What the loss of the three plants means for next winter’s power supply is anyone’s guess.

Following Russian President Vladimir Putin’s use of energy as a tool of extortion, there is little political appetite in Germany to remain dependent on natural gas imported from Kremlin-owned Gazprom.

Lindner, whose core constituency comprises Mittelstand business owners, said finding a longer-term solution to energy security effectively remained on his tripartite government’s to-do list.

“Together we will find viable solutions for the winter 2023/2024,” he wrote. “People can count on that.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Christiaan Hetzner
By Christiaan HetznerSenior Reporter
Instagram iconLinkedIn iconTwitter icon

Christiaan Hetzner is a former writer for Fortune, where he covered Europe’s changing business landscape.

See full bioRight Arrow Button Icon

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
America borrowed $43.5 billion a week in the first four months of the fiscal year, with debt interest on track to be over $1 trillion for 2026
By Eleanor PringleFebruary 10, 2026
2 days ago
placeholder alt text
Economy
It turns out that Joe Biden really did crush Americans' dreams for the future. Just look at how the vibe changed 5 years ago
By Jake AngeloFebruary 10, 2026
1 day ago
placeholder alt text
Commentary
Something big is happening in AI — and most people will be blindsided
By Matt ShumerFebruary 11, 2026
15 hours ago
placeholder alt text
Law
Law enforcement thought Nancy Guthrie's smart camera was disconnected, but Google Nest still had the tape
By Safiyah Riddle, Michael Liedtke and The Associated PressFebruary 11, 2026
18 hours ago
placeholder alt text
Law
Google's breakthrough in the Nancy Guthrie case is raising uncomfortable questions about how much it's watching you
By Ashley LutzFebruary 11, 2026
13 hours ago
placeholder alt text
Economy
America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says
By Eleanor PringleFebruary 11, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Environment

profusek
CommentaryCorporate Governance
It isn’t partisan politics to admit that stakeholder capitalism went too far, too fast 
By Robert ProfusekFebruary 11, 2026
16 hours ago
obama
Environmentclimate change
Trump to stick it to Obama by reversing 2009 finding that climate change is real
By Matthew Daly, Seung Min Kim and The Associated PressFebruary 10, 2026
2 days ago
colorado
Environmentclimate change
The drought in the western U.S. is about a lot more than ski season
By Dorany Pineda, Seth Borenstein and The Associated PressFebruary 10, 2026
2 days ago
texas
PoliticsFood and drink
Texas ramps up effort to keep Mexican flesh-eating parasite away from its cattle ranches
By John Hanna, Eric Gay and The Associated PressFebruary 10, 2026
2 days ago
A Very Large Crude Carrier from Greece unloads in China in 2020.
Energycrude oil
The Trump administration is touting approvals for oil-exporting hubs in the Gulf of Mexico—but no one seems to want to build them
By Jordan BlumFebruary 10, 2026
2 days ago
LawDonald Trump
Trump torpedoed Biden’s $1 billion plan to save American salmon, leaving species ‘on the brink of extinction’
By Claire Rush and The Associated PressFebruary 6, 2026
5 days ago