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September 06, 2010

Germany Extending Some Nuclear Plants by Eight Years and Others by Fourteen Years

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No German reactor are now be expected to shut before 2016. The next five pre-1980 reactors could close by 2020. Eleven further units will get 14 more years, with the last to operate being Neckarwestheim 2 - due for closure in 2036.

T
here will be a tax of €145 ($186) per gram of nuclear fuel, which works out at around €2.3 billion ($2.9 billion) per year. This will be paid into Germany's central budget for six years to aid austerity measures. It is seen as notionally supporting the costs of radioactive waste management work at Asse.

German nuclear utilities will also be called upon to make annual payments of €300 million ($386 million) in 2011 and 2012 to support renewable development, with this lowering to €200 million ($257 million) for the period to 2016. Beyond that, there is to be a tax on every megawatt-hour of nuclear energy produced that will be placed in a 'renewable fund'. Sources said this would be less than the tax on nuclear fuel.


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