Dienstag, 15. September 2015

Funny markets or funny Germans?

The Fukushima Daiichi nuclear disaster of March 2011 and the traumata it caused have changed the world. Sometimes in ways you wouldn't have expected

German utility companies E.on and RWE have now lost more market value than Japanese utility TEPCO since the Fukushima accident.

Geen line: German utility RWE, white line: TEPCO - Performance since Fukushima
Source: Bloomberg
That's strange because the nuclear power station that exploded in March 2011 belonged to TEPCO and not to E.on or RWE.

But while the German government forces energy utilities to shut down all their nuclear reactors by the end of 2022, idled Japanese power plants will be brought back online year after year

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