SOURCE: Industrial Info Resources

March 28, 2008 06:00 ET

Germany Faces Major Power Shortages as Technology Debate Stalls Projects, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 28, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- At a time when Europe -- Germany in particular -- is forging ahead with the implementation of green energy policies and projects, the specter of base-load power shortages in the near future is likely to motivate a significant number of nuclear power projects. Wulf Bernotat, Chief Executive of major power utility E.ON AG (PINKSHEETS:EONGY) (Dusseldorf, Germany), has said that the country could face power shortages ranging from 12,000 MW to 21,000 MW and suggested that the best way to fill the gap is to extend the operational life of Germany's 17 existing nuclear plants (21,000 MW).

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