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Long term impacts of the closure of German nuclear facilitiesPublished: 1 of September, 2012

In one of our previous articles we have already analysed the short term impacts of the closure of the German nuclear power plants – in particular, how electricity prices, foreign trade and the Hungarian electricity market are affected. More than a year has passed since then, making it possible to review the impacts made on the German and the regional electricity markets, now with a longer data set. Moreover, using the results of the European Electricity Market Model developed by REKK, we can also inspect the implications on an extended time horizon. The model is capable of simulating the electricity markets of 36 European countries. Hence, the article will first review the new developments within the German electricity market since the middle of last year, also covering those analyses that addressed the questions surrounding the reduction of nuclear capacities. The evaluation of modelling results will come afterwards