On Monday German Chancellor Angela Merkel has stated that Germany is probably to set an example in achieving a transition to efficient and renewable energies. This could be implied after the decision of the government to shut down all 17 nuclear power plants in the country by 2022.
In the recent press conference Merkel has stated that they believe that as the people of the country they could pioneer for a new age of renewable energy sources. She has said this after her coalition government drew up a nuclear phase-out timetable.
The government has made an ambitious plan that Germany’s seven oldest reactors, which are decided to be taken off the grid after the Japan’s Fukushima disaster. In further they will not be kindled up any time. The Kruemmel plant which was not used due to the technical problems will be closed permanently.
Till year 2013 some of these plants will be kept in hand to provide support if there is electricity shortages while six plants are fully decided to be closed by the last of 2021. Three latest plants will carry on their work for one more year and be closed by 2022.
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Ryanair Ltd., an Irish low-cost airline, on Thursday announced that it made a mistake in announcing that its board had agreed on the plans to expand to North America.
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German retailer Metro AG witnessed a slow start to the Christmas season in its home market. But Metro affirmed that it is expecting ‘satisfactory’ Christmas trading as its operating profit was more than the expectations.
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