Public may share costs of Germany's nuclear afterlife


  • World
  • Monday, 19 Jan 2015

FRANKFURT (Reuters) - Germany's biggest utilities have set aside tens of billions of euros to fund the country's exit from nuclear power from 2022, when the last reactor leaves the grid and the clear-up begins.

But as an energy crisis puts the value of the assets underpinning those provisions at risk, concerns are growing that taxpayers may end up footing part of the bill, undermining an ambitious shift to renewable power on which Chancellor Angela Merkel has staked a hefty chunk of political capital.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Fresh clashes kill six in Iran cost-of-living protests
Around 40 killed as fire ravages Swiss ski resort New Year party
Swiss face arduous task of identifying victims of deadly bar fire
North Korea leader Kim Jong Un's daughter makes public visit to state mausoleum
Venezuela frees 88 more prisoners detained after post-election protests
Brazil's Bolsonaro leaves hospital after surgeries, returns to prison
1st LD Writethru: Vienna New Year's Concert welcomes new face, sound
U.S. reports over 2,000 measles cases in 2025, highest since 1992
Xinhua Middle East news summary at 2200 GMT, Jan. 1
137th Rose Parade held in rain in U.S. Southern California

Others Also Read