Washington court to rule on Vattenfall’s billion-dollar nuclear lawsuit against Germany
Die Welt
The International Centre for Settlement of Investment Disputes (ICSID) in Washington will soon rule on Swedish utility Vattenfall’s claim against the German government for damages from Germany’s accelerated nuclear exit in 2011, Daniel Wetzel writes for Die Welt. The ICSID will give its verdict in the first quarter of 2018, the German environment ministry told the newspaper. Vattenfall says the German government’s decision to exit nuclear power quicker than previously agreed cost the company 4.4 billion euros as it was unable to exploit production quotas at two of its nuclear plants.
Find the article in German here.
See the CLEW dossier The challenges of Germany’s nuclear phase-out for background.
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