Remove 2011 Remove Automobile Industry Remove Cost Remove Electrical Storage
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Following the Fukushima disaster in 2011, the Federal government oversaw the immediate closure of eight nuclear plants, with the rest of the stations to be shut down by 2022. However, the financial cost of the shift is causing concern. Electricity prices in comparison. These costs are primarily borne by consumers.

Germany 239