BERLIN (Reuters) -Germany's DIHK chambers of industry and...

BERLIN (Reuters) -Germany's DIHK chambers of industry and commerce warned on Thursday that Europe's biggest economy will shrink by 0.5% this year, in a second year of recession and its worst downturn in two decades.A DIHK poll of more than 27,000 companies showed that of those surveyed, 35% expect business to deteriorate in the next 12 months with only 14% expecting an improvement, as high energy prices, bureaucracy, a skilled workers shortage and weak domestic demand weigh on economic output.Tail of two cities? Germany's chamber of commerce warns of heaviest slump in 20 years link
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Germany can restart at least eight nuclear reactors, some within 9 months. Continuing the use of nuclear energy is supported by 67% of Germany and would stem losses in Germany’s industrial production. No insurmountable hurdles have been identified. However, pragmatism and proactiveness is required. Link

67% of Germans still support nuclear energy after the closures of their power plants. Polling conducted by Civey on 11th of July 2023, after the closure of Germany’s last nuclear reactors, confirms that 2/3rds of the German public support the continued use of nuclear energy to achieve the EU's climate protection goals, a share over two times higher than the number of opposers to nuclear energy’s use.
€250 billion in German industry could benefit from cheaper wholesale electricity prices than in the US. As of May 2023, economic data shows deteriorating industrial output in Germany due to prohibitive energy costs. Restarting eight of Germany’s reactors could add over 85TWh of electricity annually at an operating cost of €25/MWh. 85TWh is 40% of the total German industrial electricity demand, or equivalent to the electricity demand of companies producing €250 billion GDP in Germany’s chemical, petrochemical, machinery, and equipment industries.

Clock is ticking in Germany. When it does the U-turn Blind Freddy can see coming.

How much squeeze "Typical reactor may contain about100 tonnesof enriched uranium (i.e., about 113 tonnes of uranium dioxide). This fuel is loaded within, for example, 157 fuel assemblies composed of over 45,000 fuel rods. A common fuel assembly contain energy for approximately 4 years of operation at full power." Link



100 tonnes of enriched uranium is a hell of a lot of lbs of u308 They state

• The annual natural uranium consumption of this reactor is about 250 tonnes of natural uranium (to produce about 25 tonnes of enriched uranium).

Watching and adding some of the over sold stocks. You might be right on the $1:20. I suspect it might be a little too negative.

Have a great day