Germany's renewable push meets rising nuclear financing concerns
Renewable‑energy expert Volker Quaschning warns that Germany must dramatically accelerate the build‑out of wind and solar, add battery storage and expand heat and transport electrification to reach its 100 % renewable goal, noting that current policies lag behind public support.
At the same time, a new report highlights the financial, safety and geopolitical risks of expanding nuclear power, especially after the World Bank lifted its informal ban on nuclear financing. The report quotes Claudia Kemfert: “Nuclear power is neither a solution for the climate crisis nor a viable strategy for sustainable development.” It stresses that cost overruns, long construction times and unresolved waste disposal make nuclear projects a burden for taxpayers, while renewable systems deliver far greater CO₂ reductions.
Both pieces underscore the tension between continuing nuclear investments—particularly small modular reactors promoted by multilateral banks—and the need for rapid, affordable renewable expansion to meet decarbonisation targets.