And given the cost, is not something that seems to be very popular in any case right now. Wind and solar are much more popular. The cost is much lower, plans are easy to get approved because there is very little controversy (other than some level of NIMBYism) and you can be up and running pretty soon after.
And a useful side-effect of investing in renewable technology is that it can be exported. German companies like Siemens and others are making quite a bit of money with this. That's a good thing in times of recessions. Germany's heavy industry will end up going cold turkey on fossil fuels because of cost and climate. This is short term very disruptive of course but that also means a lot of money is being invested in alternatives. Which of course is something Germany can export as well. Germany might come out fine.
more expensive to operate existing plants that were already paid for a long time ago? i could never understand the shutting down part.
Natural gas can be turned into electricity, but electricity cannot practically be turned into natural gas and German industry needs a lot of natural gas.
The lack, and price, of gas for things other than electricity was a problem for a while. But one that had nothing to do with nuclear power.
Wind is also in the 5ct/kWh range, solar at 10ct/kWh. However, to get both to a load factor of over 90% (which is typical for nuclear power plants) you would need a sufficient amount of storage and overbuild your capacity, which will cost an additional >10ct/kWh.
That structure doesn't really make sense from a climate perspective. It does show so, that nuclear is far, far from being cheap.
Nope. Definitely not.
Prices are based on a) fixed-price contracts that are negotiated with energy-producers and b) an spot-price auctioning model that is based on supply/demand. As an energy reseller, what you cannot get with your long-term contracts you have to make up with spot priced. With some additional provisions: Renewables get fixed prices (determined by bid) by lay by their regional reseller. And the highest spot price is always paid out to all lower-priced energy producers.
But in all that, no energy producer will leave out the building and financing cost from their price calculation. Otherwise e.g. renewables would be free, because their generation cost is practically zero, no people or fuel to pay for, just building and financing.