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Power

Siemens To Exit Nuclear Power Business 400

jones_supa wrote in with a link about the future of nuclear power in Germany. The story reads: "German industrial giant Siemens is turning the page on nuclear energy, the group's CEO Peter Löscher told the weekly Der Spiegel in an interview published on Sunday. The group's decision to withdraw from the nuclear industry reflects 'the very clear stance taken by Germany's society and political leadership.' Along with abandoning nuclear power, Germany wants to boost the share of the country's power needs generated by renewable energies to 35% by 2020 from 17% at present."

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