“Nuclear power companies have to pay an additional 300 million euros”

The nuclear exit bill for power companies in Germany is set to rise by some 300 million euros, Stefan Schultz writes on Spiegel Online. The nuclear fund for financing the intermediate and final storage of the country’s nuclear waste will now climb to a total of 24.4 billion euros, the article says. According to Schultz, the nuclear power companies’ calculations for finding future and maintaining current storage facilities had been flawed, leading the state to raise the bill retroactively. The Green Party’s Sylvia Kotting-Uhl told Spiegel Online the more money nuclear companies paid into the fund, the lower was the risk for taxpayers to pay extra money for Germany’s nuclear exit.

Read the article in German here.

See the CLEW factsheet Nuclear clean-up costs for background.