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Siemens Drops Nuclear Power

Posted on Sep 18, 2011

The German conglomerate is getting out of the nuclear power business. Siemens built every one of Germany’s existing nuclear power plants, all of which were scheduled to be shuttered by 2022 following Japan’s Fukushima Daiichi meltdown.

The company’s chief executive, quoted by the BBC, told Der Spiegel magazine “the clear positioning of German society and politics for a pullout from nuclear energy” contributed to the decision.

According to the BBC, Siemens was altogether not that active in nuclear energy, though the conglomerate was engaged in a joint venture with a Russian nuclear firm and, as recently as 2009, described nuclear power as “an essential part of a sustainable energy mix.”  —PZS


The move is a response to the Fukushima nuclear disaster in Japan in March, chief executive Peter Loescher said.

He told Spiegel magazine it was the firm’s answer to “the clear positioning of German society and politics for a pullout from nuclear energy”.

“The chapter for us is closed,” he said, announcing that the firm will no longer build nuclear power stations.

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Night-Gaunt's avatar

By Night-Gaunt, September 19, 2011 at 1:58 pm Link to this comment

Well considering that our bought an corrupted regulators have extended licenses for 40 more years nuclear plants that are already at their 40 years limits on their lifespans we are cruising for many nuclear plant disasters. Just the thing to bring our troops home—-massive disasters in the Homeland.

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By Tom Weidermeijer, September 19, 2011 at 9:45 am Link to this comment
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Wouldn’t have anything to do with the virus (Stuxnet worm) sent to attack Irans nuclear program seeks out Siemens systems???

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By doomster, September 19, 2011 at 8:35 am Link to this comment
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There’s some good news for a change. I’m sure it would have to happen within the U.S. for any real backlash to occur and I’m not sure if it even would then, SteveL. The situation looks pretty bad in Japan:

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By John G, September 18, 2011 at 11:30 pm Link to this comment
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The U.S. has a large nuclear weapons industry, where the demand for high-grade fuel is quite different from Germany’s nuclear power industry. This may be the reason why the U.S. Gov’t continues its subsidies to and indemnification of the nuke power industry. Even though U.S. public opinion may be opposed to nukes in any form, the MIC reigns supreme.

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By SteveL, September 18, 2011 at 9:02 pm Link to this comment

The only real question is how big of a disaster will the U.S. have before it does the

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