IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.04% USD/MXN17.46▼ 0.05% USD/CLP923.90▼ 0.41% USD/COP3,246▲ 0.20% USD/PEN3.39▼ 0.03% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.03% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO36.62— 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.83▼ 0.68% BRENT 76.01 ▼ 0.38% WTI 71.41 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.08% GOLD 4,114 ▼ 0.41% SILVER 60.17 ▼ 0.35% SOY 1,191 ▲ 0.93% CORN 461.00 ▲ 7.77% WHEAT 640.25 ▲ 4.74% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.51% GMEXICO 198.62 ▲ 1.39% FEMSA 223.20 ▲ 0.21% CEMEX 21.82 ▲ 0.74% GFNORTE 186.51 ▲ 0.54% BIMBO 56.06 ▼ 0.07% TELEVISA 9.74 ▲ 2.53% AMX 22.70 — 0.00% GAP 412.01 ▼ 0.03% ASUR 497.71 ▲ 0.34% OMA 235.73 ▼ 1.17% KOF 182.08 ▲ 0.70% GRUMA 282.99 ▲ 0.25% KIMBER 38.13 ▼ 0.94% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.37 ▼ 0.11% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 669.50 ▲ 0.75% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.58 ▲ 1.23% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.07 ▲ 1.00% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.04 ▼ 0.27% AMX ADR 26.01 ▲ 0.66% FEMSA ADR 127.66 ▲ 0.52% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 6.32% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,884 ▲ 0.13% ETH 1,807 ▲ 1.07% SOL 76.87 ▲ 0.06% XRP 1.09 ▼ 0.63% BNB 574.90 — 0.00% ADA 0.16 ▼ 1.73% DOGE 0.07 ▼ 0.50% AVAX 6.41 ▼ 2.18% LINK 8.02 ▲ 1.21% DOT 0.85 ▼ 0.95% LTC 44.25 ▼ 1.00% BCH 243.54 ▼ 0.35% TRX 0.33 ▲ 0.45% XLM 0.19 ▲ 0.01% HBAR 0.07 ▼ 1.42% NEAR 1.90 ▲ 1.80% ATOM 1.58 ▼ 0.30% AAVE 97.80 ▼ 0.44% SELIC 14.25% EGX 52,256 ▲ 0.44% USD/ZAR16.32▼ 0.23% USD/NGN1,376▼ 0.15% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.73▲ 0.02% USD/CNY6.78▼ 0.01% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▼ 0.05% GBP/USD1.34▼ 0.22% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 15.03 ▼ 5.11% USD/CAD1.42▲ 0.01% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 ▼ 0.51% USD/MXN 17.46 ▼ 0.43% USD/CLP 923.90 ▼ 0.33% USD/COP 3,246 ▼ 1.46% USD/PEN 3.39 ▼ 0.23% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.03% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 ▲ 0.23% USD/VES 719.54 ▲ 5.16% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.83 ▼ 0.68% BRENT 76.01 ▼ 0.38% WTI 71.41 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.08% GOLD 4,114 ▼ 0.41% SILVER 60.17 ▼ 0.35% SOY 1,191 ▲ 0.93% CORN 461.00 ▲ 7.77% WHEAT 640.25 ▲ 4.74% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.51% GMEXICO 198.62 ▲ 1.39% FEMSA 223.20 ▲ 0.21% CEMEX 21.82 ▲ 0.74% GFNORTE 186.51 ▲ 0.54% BIMBO 56.06 ▼ 0.07% TELEVISA 9.74 ▲ 2.53% AMX 22.70 — 0.00% GAP 412.01 ▼ 0.03% ASUR 497.71 ▲ 0.34% OMA 235.73 ▼ 1.17% KOF 182.08 ▲ 0.70% GRUMA 282.99 ▲ 0.25% KIMBER 38.13 ▼ 0.94% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.37 ▼ 0.11% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 669.50 ▲ 0.75% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.58 ▲ 1.23% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.07 ▲ 1.00% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.04 ▼ 0.27% AMX ADR 26.01 ▲ 0.66% FEMSA ADR 127.66 ▲ 0.52% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 6.32% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,884 ▲ 0.13% ETH 1,807 ▲ 1.07% SOL 76.87 ▲ 0.06% XRP 1.09 ▼ 0.63% BNB 574.90 — 0.00% ADA 0.16 ▼ 1.73% DOGE 0.07 ▼ 0.50% AVAX 6.41 ▼ 2.18% LINK 8.02 ▲ 1.21% DOT 0.85 ▼ 0.95% LTC 44.25 ▼ 1.00% BCH 243.54 ▼ 0.35% TRX 0.33 ▲ 0.45% XLM 0.19 ▲ 0.01% HBAR 0.07 ▼ 1.42% NEAR 1.90 ▲ 1.80% ATOM 1.58 ▼ 0.30% AAVE 97.80 ▼ 0.44% SELIC 14.25% EGX 52,256 ▲ 0.44% USD/ZAR 16.32 ▲ 0.10% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.76 ▼ 0.37% USD/CNY 6.7761 ▼ 0.23% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1408 ▼ 0.23% GBP/USD 1.3387 ▼ 0.13% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 15.03 ▼ 5.11% USD/CAD 1.4160 ▼ 0.04% US10Y 4.5690 ▲ 0.66%
since 2009
Sunday, July 12, 2026

Germany is left without access to cheap electricity after the closure of its last nuclear plants

By · April 19, 2023 · 3 min read

Daily Brief

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By Carlos Esteban*

The classics used to say that those the gods want to destroy, they first drive mad, and that seems to be the case with Germany, the European industrial locomotive ready to commit suicide in the name of green fantasies.

Not even by looking under the microscope could the German authorities have found a worse time to fulfill Merkel’s old promise to shut down all the country’s nuclear power plants.

When the Russian gas crisis broke out (literally: the US took care of it at the bottom of the sea), Scholz extended that shut down, and many thought it would be extended now. It hasn’t.

Neckarwestheim nuclear power plant in Germany (Photo internet reproduction)

All because of a “climate crisis” for which there is not the slightest incontrovertible proof, cheered by interested agents and dismantled by dozens of failed prophecies.

Whatever: even if the IPCC’s climate faith has strictly adhered to the letter, the last thing a serious government should be worried about, with “stagflation” still rampant in Europe, is a one-degree rise in the average global temperature over a hundred years.

Germany, already suffering from an energy deficit due to the loss of natural gas supplies from Russia, has just shut down its last three operating nuclear power plants, leaving the nation without access to cheap electricity and, with residential electricity prices already among the highest in all of Europe, has condemned itself to skyrocket prices in the short term.

As energy prices rose last year due to the Ukraine conflict, certain German Chancellor Olaf Scholz’s government members were reluctant to shut down nuclear plants as planned on December 31, 2022.

Scholz agreed to a one-time deadline extension but insisted on the final countdown on April 15.

Along with the closure of nuclear plants, German multinational power utility E.ON increased its prices by as much as 45% as of June 1.

According to a company spokesperson, in parts of North Rhine-Westphalia, the new price is 49.44 cents gross per kilowatt hour, which means an adjustment of close to 45% for average consumption.

The irony here is that the shortages experienced this past winter forced the German government to increase the operations of coal-fired power plants, the most polluting in the world and theoretically the worst for “climate change”, something that could have been avoided by going nuclear.

But no, they blindly rely on the pipe dream that renewables will compensate for a lost generation.

There is no logic, no sense in Germany’s energy decisions, which are mutatis mutandis, those of the whole of Europe, and it is impossible to make sense of them unless a “conspiratorial” objective of deliberate degrowth and impoverishment is postulated.

*Fifteen years at the leading economic newspaper EXPANSIÓN, then part of the Recoletos Group, the last three years as head of Interactive Services on the newspaper’s website. Then at Intereconomía, where he founded the Catholic weekly Alba, he wrote the opinion in Época, where he also covered the International section, for which he was responsible when La Gaceta was born (as a generalist newspaper). For the last few years, he has worked freelance, collaborating with different media.

With information from LGI

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Digital assets
Jul 12, 2026 · 19:05

Bitcoin · benchmark
63,884
+0.13%
L 63,630day rangeH 64,206

-45.60% over 12 months

Market breadth · 16 names
38% advancing

6 ▲ advancing10 declining ▼

Currencies, rates & key inputs
Ethereum
1,807
+1.07%

Solana
76.87
+0.06%

Gold
4,114
-0.41%

USD / BRL
5.11
-0.51%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
BTC 63,884 +0.13% -45.60% 63,802 64,206 63,630 19,376,183,296
ETH 1,807 +1.07% -38.59% 1,788 1,824 1,783 6,387,725,312
SOL 76.87 +0.06% -52.16% 76.82 77.65 75.88 1,437,136,384
XRP 1.09 -0.63% -60.16% 1.10 1.10 1.09 744,006,528
BNB 574.90 +0.00% -16.17% 574.89 582.73 570.32 966,539,008
ADA 0.16 -1.73% -76.97% 0.17 0.17 0.16 224,170,976
DOGE 0.07 -0.50% -63.06% 0.07 0.07 0.07 436,524,288
AVAX 6.41 -2.18% -68.99% 6.55 6.55 6.31 250,771,264
LINK 8.02 +1.21% -46.88% 7.92 8.09 7.88 179,204,688
DOT 0.85 -0.95% -78.25% 0.85 0.86 0.84 66,512,836
LTC 44.25 -1.00% -52.31% 44.70 44.82 44.36 153,743,648
BCH 243.54 -0.35% -51.91% 244.41 247.18 243.38 86,101,912
TRX 0.33 +0.45% +9.58% 0.33 0.33 0.33 377,267,392
XLM 0.19 +0.01% -52.31% 0.19 0.19 0.18 119,087,968
HBAR 0.07 -1.42% -65.75% 0.07 0.07 0.07 42,526,632
NEAR 1.90 +1.80% -23.34% 1.87 1.93 1.86 127,305,200
ATOM 1.58 -0.30% -65.62% 1.58 1.59 1.56 20,686,938
AAVE 97.80 -0.44% -67.59% 98.23 99.90 97.06 207,605,696

Largest moves today
AVAX
6.41
-2.18%
NEAR
1.90
+1.80%
ADA
0.16
-1.73%
HBAR
0.07
-1.42%
LINK
8.02
+1.21%
ETH
1,807
+1.07%
LTC
44.25
-1.00%
DOT
0.85
-0.95%

The session read
The Bitcoin rose 0.13%, with breadth negative — 6 of 16 names higher. NEAR led, while AVAX lagged.

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