### Impact of the German Nuclear Phase-Out on the Economy Until 2030

The German nuclear phase-out, initiated by the Apel government in 2000, has significantly shaped the country's economic landscape. This decision, driven by environmental concerns and the goal of transitioning to renewable energy, has both fostered innovation and posed economic challenges.

#### Economic Investments and Renewable Energy Growth

The phase-out has catalyzed substantial investments in renewable energy. By 2020, Germany invested over €31 billion in renewable energy projects【16†source】. Solar and wind energy capacities have seen dramatic increases, with solar power capacity reaching 53 GW and wind power 61 GW in 2021【16†source】. This surge has created approximately 300,000 jobs in the renewable energy sector, reinforcing Germany's position as a leader in green technology【16†source】.

#### Challenges and Economic Burdens

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