Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, March 5, 2021

Germany agrees compensation for nuclear phaseout : Nuclear Policies - World Nuclear News

Germany agrees compensation for nuclear phaseout : Nuclear Policies - World Nuclear News: The German government has reached an agreement with EOn, EnBW, RWE and Vattenfall on compensation for the forced premature closure of their nuclear power reactors. The utilities are set to receive a total of almost EUR2.5 billion (USD3.0 billion) in compensation after agreeing to drop all legal actions against the government related to the nuclear phaseout. The final regulation related to the compensation will be made into law by the end of this year.

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