Germany’s decision to shut down its commercial nuclear power fleet has increased dependence on coal and gas, raising CO2 emissions and electricity prices, analysis by PwC in Spain has shown.

The PwC analysis, quoted by Spain-based nuclear industry group Foro Nuclear*, indicates that had Germany’s nuclear plants been kept online, emissions-free generation could have reached 94% by 2024.

PwC said if Germany had kept its nuclear park in operation, fossil generation could have been almost completely displaced.