27 Jun 2017

Ministry signs contract on nuclear fund with utilities

Federal Ministry for the Economy and Energy

Germany's economy ministry (BMWi) has signed a contract with the country's nuclear plant operators that regulates the funding of nuclear waste disposal, the BMWi has said in a press release. The BMWi and the four utilities E.ON, EnBW, RWE and Vattenfall agreed that responsibility for the intermediate and final storage of nuclear waste rests with the state while the companies are responsible for dismantling nuclear plants as well as safely packaging the radioactive residuals. The utilities also agreed to pay roughly 24 billion euros into a state-administered fund meant to partially finance the nuclear waste storage.

Find the press release here and the contract in German here.

See the CLEW factsheet Securing utility payments for the nuclear clean-up for more information.

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