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The German government has reached an agreement with EOn, EnBW, RWE and Vattenfall on compensation for the forced premature closure of their nuclear power reactors. The utilities are set to receive a total of almost EUR2.5 billion (USD3.0 billion) in compensation after agreeing to drop all legal actions against the government related to the nuclear phaseout. The final regulation related to the compensation will be made into law by the end of this year.
Nuclear Policies 05 March 2021
The final report of an independent inquiry into the UK Nuclear Decommissioning Authority's award of the Magnox decommissioning contract, related litigation and its subsequent termination has been published. Led by Steve Holliday, a former CEO of National Grid, the process to hold the Magnox Inquiry began in March 2017. Holliday was asked to conduct an inquiry by Greg Clark, then secretary of state for Business, Energy and Industrial Strategy.
Corporate 05 March 2021
The slow-down in the development of nuclear energy globally, as a result of the Fukushima Daiichi accident, poses dire consequences for our fight against climate change, global human health and the resilience of global electricity systems, writes Sama Bilbao y León, director general of World Nuclear Association.
Perspectives 09 March 2021