Russia’s invasion of Ukraine has transformed the geopolitical landscape of the transatlantic region, perhaps the greatest example being Finland and Sweden’s newfound enthusiasm for joining NATO. After a couple of centuries of military neutrality, or at least military nonalignment, both countries have submitted their applications to join the Western military alliance.
MUNICH – Germany long regarded its energy transition as cutting edge, compared to other Western industrialized countries. Policymakers expected that the country would be able to secure its energy supply entirely from renewable sources, so they resolved to phase out coal and nuclear energy simultaneously. The last three of Germany’s 17 nuclear power plants are set to be shut down this year.