Wednesday, April 27, 2016

Energy – nuclear companies to transfer 23.34 billion in funds – Süddeutsche.de

Direct from the dpa news channel

Berlin (dpa) – breakthrough billion Poker to the cost of the nuclear phase: The four power companies Eon, RWE, Vattenfall and EnBW should by 2022 transfer approximately 23.342 billion euros in a state fund that would manage the storage and disposal of nuclear waste.

in return for payment of a billion mark-up therein, the companies could therefore of a liability to all eternity ” Bail “- this risk would be the taxpayers

Conversely, could secure the state a lot of money for the nuclear phase, which would be lost in case of possible bankruptcies Group.. This proposal is agreed unanimously the area occupied by parties, trade unions, business and associations Government Commission.

According to the expert group signaled chancellery minister Peter Altmaier (CDU) already, that the federal government a model for a “disposal Pact” quickly by intends to implement the law. A design could be available by the summer and by the spring of 2017 – and thus time before the election – to be clarified an important chapter of the nuclear phase decided five years ago

The heads of the Group of Experts, former Environment Minister Jürgen Trittin (. Greens), former Minister President of Brandenburg Matthias Platzeck (SPD) and the former Hamburg CDU Mayor Ole von Beust spoke of a fair compromise for taxpayers and corporations. “With this result, the German company live,” said ex-SPD leader Platzeck.

Even Federal Environment Minister Barbara Hendricks (SPD) was satisfied. The solution does not dismiss the nuclear operator from the responsibility, but do not ask them too. Decommissioning and dismantling of the nuclear power plants they have to pay completely.

The nuclear companies criticized the Commission’s proposals. They would be charged with a high risk premium of 6.142 billion euros, “about their economic standing out”, Eon, RWE, EnBW and Vattenfall informed. At the same time they confessed to their obligations in nuclear power, said that they were “still interested in the organization and financing of the nuclear phase-out by consensus”.

The influential industry president Ulrich Grillo, sitting himself in the Commission and with Yes agreed, said: “the companies pay a hefty risk premium, which demands a lot of them Thus, the state has a buffer if the costs should rise..” In Berlin it is believed that the 19. 0-decision in the Commission of social pressure on corporations is so great that they the financing model can not refuse

The reaction in the stock market was in any case clear: The shares of Eon and RWE increased sharply. Analysts pointed out that there is now clarity on financial burdens and risks of the ‘big four’ give the nuclear phase-out.

For environmentalists, there was a mixed response. While the WWF praised the fact that the taxpayer “saved from a catastrophic failure” would with the compromise, Greenpeace criticized an “expensive indulgences”: “After many years of plenty, in which the nuclear power plant operators outstanding returns and billions in profits have been run, the federal government releases them now for an outrageously low price of the liability. ” Even Green Party leader Anton Hofreiter complained that nuclear companies tried to evade their responsibilities.

The Government should propose how the provisions of the four groups the long term by now more than 40 billion euros and reduced risks for taxpayers can be. The estimated cost of the elimination of all nuclear-contaminated sites up to 2099 are higher (at current prices) with around 48 billion euros.

Violent controversy in the Commission was to last the level of risk premium for corporations, in order to absorb additional costs. After dpa information to the final offer of the companies amounted to 22.8 billion euros – the Commission requested 23.8 billion and then lay down unanimously to 23.3 billion euros fixed. There had been “very aggressive lobbying to night,” Trittin said. Platzeck added: “We had to put very far away to be able to sleep the phones.”

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