The operators of the nuclear power plants must be compensated by the federal government for the decision to phase out nuclear energy. Now a high billions have been determined.
The federal government is paying the nuclear power plant operators a good 2.4 billion euros to phase out nuclear power ten years ago. At the same time, the legal dispute with the four companies will be resolved, the federal government announced on Friday.
The government is thus implementing a ruling by the Federal Constitutional Court from 2016 that awarded companies compensation payments for residual electricity volumes and investments. Vattenfall is to receive 1.425 billion euros, RWE 880 million, EnBW around 80 million and E.ON 42.5 million euros.
Agreement on accelerated nuclear phase-out after Fukushima
In return, the companies would withdraw lawsuits and terminate lawsuits. That includes Vattenfall’s billion-dollar lawsuit before the International Court of Arbitration in Washington, the ministries for the environment, economics and finance said.
The regulations are to be cast in legal form and implemented, if possible, in 2021. However, the company’s committees still have to agree. The same applies to the EU Commission.
After the nuclear disaster in Fukushima, Japan in 2011, the federal government at the time decided to accelerate the nuclear phase-out. Older reactors were shut down early. The constitutional court had ruled this to be lawful, provided that the corporations were compensated.
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federal government pays nuclear power plant operators billion euros