Merz also noted the sky is often blue and water is wet. And more in SMR Intelligence Update #5.
The above chart shows Germany’s nuclear power production from the 1970s to 2025. Two decades ago, about 25% of Germany’s electricity production came from nuclear power plants. In 2023, the country shuttered its last nuclear plants. Today, Germany gets 59% of its electricity from renewables. It also has some of the world’s most expensive electricity. Image credit: Fraunhofer ISE.
Earlier this month, German Chancellor Frederich Merz admitted that his country’s decision to abandon nuclear power was a “serious strategic mistake.” Merz further acknowledged that Germany now lacks sufficient electric generation capacity.
In SMR Intelligence Update #5, we dive into the nuclear situation in Germany. Bryce also provides updates to SMR Intelligence Global, news on Oklo and Holtec, and Stephen McBride’s ranking of the SMR companies.
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