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Will Europe Struggle to Keep the Lights On?

A new study from consulting company Capgemini said that Europe may have trouble “keeping the lights on” this winter thanks to the nuclear phase-out in Germany. Following its reactor shutdowns, Germany began to import electricity from its neighbors, including more than 2,000 MW per day from France. During the winter electricity peak, France mainly imports electricity from Germany and this will no longer be possible in coming years. This represents a real threat to some countries “keeping the lights on” for winter 2011/2012 and future winters. The report sums it up well: without German nuclear generation, energy security is down, emissions are up. First, security. The Europeans better cozy up to the Russians because they will be more dependent on them than ever. In 2010, the EU imported 113 bcm of gas by pipeline from Russia, representing 33% of total gas imports. In 2030, gas flowing through Gazprom pipelines is expected to represent 50% of all European gas supplies. ...