Nuclear, Reactors, Waste Management & Decommissioning

Germany’s nuclear shut down may cost $75bn

Germany’s nuclear shut down may cost $75bn

Germany’s exit from the nuclear industry and subsequent construction of a waste disposal site could increase to 70 billion euros ($75.2 billion).
 
Four German nuclear operators – E.ON, RWE, EnBW and Vattenfall – are set to shut down all of their nuclear power plants by 2022 under a government directive. A government official said the four companies only set aside 36 billion euros ($42 billion) for the shut downs, but E.ON and EnBW said they will have sufficient provisions before the deadline, according to Reuters. The costs are expected to increase over the following decades.
 
Subscribe to Nuclear Power International magazine