RWE AG. said delaying a planned nuclear energy phase-out in Germany would help ease pressure on energy prices, adding that it welcomes renewed talks by lawmakers in the country over a possible delay.
Extending nuclear power plant operation in Germany by 25 years to between 50 years and 60 years could yield an additional economic value of 250 billion euros, the company said in a statement.
Current German legislation calls for the phase-out of the country's existing nuclear power capacity and bans new nuclear plants.
Economy Minister Michael Glos has demanded that nuclear power plants be allowed to operate for more than the current 32 years to halt an increased dependence on power sources outside Germany.
(Source: Forbes)
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