Energy

UK Gas up as German Nuclear U-turn May Lift Demand

Energy Investing

Reuters reports that on Tuesday, UK gas rose as Germany decides to permanently shut down its oldest nuclear plants.

Reuters reports that on Tuesday, UK gas rose as Germany decides to permanently shut down its oldest nuclear plants.

The market news is quoted as saying:

The German government on Monday announced plans to permanently keep offline eight nuclear power plants that contribute around 40 percent of the country’s nuclear capacity and to shut all remaining plants by 2022.

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