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News Digest Item
19 Oct 2016

German state to take over responsibility for storing nuclear waste

Federal Ministry for Economic Affairs and 麻豆无码版

The federal cabinet today decided on draft legislation for a nuclear clean-up pact that would rid utilities of the responsibility for storing Germany鈥檚 radioactive waste. Germany鈥檚 four nuclear power station operators, RWE, E.ON, EnBW and Vattenfall, are to pay a total of 23.56 billion euros into a state-administered fund to finance interim and final storage of the waste. An additional 鈥渞isk surcharge鈥 amounts to 6.17 billion euros. This is to reflect that costs could possibly exceed current projections and that the return on capital in the fund could be lower than expected. 鈥淲e ensure that financing the shut-down, decommissioning and waste disposal is guaranteed in the long term, without one-sidedly burdening the society with the cost, and without endangering the economic situation of the operators,鈥 federal economy minister Sigmar Gabriel said in a press release. The responsibility for decommissioning and deconstructing the nuclear power plants, as well as packaging the radioactive waste will remain with the utilities. The economy ministry鈥檚 goal is that the legislation is implemented before year鈥檚 end, after parliamentary approval.

Read the press release in German  and information on the legislation draft in German .

For background, read the 麻豆无码版 factsheet Securing utility payments for the nuclear clean-up.

Please note: The 麻豆无码版 will publish an article on the cabinet decision shortly.

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