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June 5, 2012

Nuclear-free Germany will cost it $25B

By JUERGEN BAETZ
Associated Press

BERLIN — The operators of Germany's electricity grid said Wednesday the country must invest about 20 billion euros ($25 billion) in new transmission networks over the next decade as the nation abandons nuclear power and uses more renewable energy.

About 2,500 miles (4,000 kilometers) of new transmission lines must be built to ensure the country's energy switchover, and another 2,730 miles (4,400 kilometers) of high-voltage lines need to be upgraded, the four operators said in a report presented to the government.


 
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