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Energy company Eon to challenge Germany's nuclear plans
Published in Saudi Press Agency on 31 - 05 - 2011


Germany's biggest nuclear power operator Eon is to
challenge the government's decision to retain a tax on nuclear fuel, dpa quoted
the company as saying Tuesday.
The announcement came the day after the government said it would
shut down all of the country's nuclear power plants by 2022.
While Eon recognized the overwhelming political will to phase out
nuclear power, "the company at the same time of course expects the
necessary compensation for the losses, amounting to billions,
connected with the decision," the company said.
Last year Chancellor Angela Merkel's government overturned
legislation passed by a previous Social Democrat (SPD)-Green
government, to shut down all nuclear power stations by 2021.
It announced plans instead to extend the life span of the
country's nuclear plants by an average of 12 years. It also
introduced the tax on nuclear fuel.
But after the crisis at the Japanese Fukushima nuclear power plant
earlier this year, the government backtracked, imposing a moratorium
on seven of the oldest plants.
Eon had already invested large amounts of money after the initial
legislation to extend the life of nuclear power plants, it said
Tuesday.
The "double burden" would put the company at a "disproportionate
disadvantage in the European market," Eon said.
"The company will put down its losses in concrete figures, present
them to the government and will initially look for negotiations, in
order to avoid a legal dispute," Eon said.
The company's chief executive, Johannes Teyssen, said at the
beginning of May that the company would decide by the end of the
month whether to challenge the nuclear fuel tax in court.
The tax would have enriched state coffers by 2.3 billion euros
(3.3 billion dollars) per year until 2016, though if the eight power
plants currently shut down remain closed, that would reduce it to 1.3
billion euros.
The energy company RWE said Monday it would reserve the right to
challenge the legislation in court. The company has also challenged
the moratorium on the power plants currently closed.
Meanwhile, the parliamentary leader of the Green party, Juergen
Trittin criticized the shutdown plans.
"That means we're going into a situation, with our eyes open, in
which network stability and security of supply are endangered," he
said.
Earlier Tuesday, the state of Baden-Wuerttemberg, the only state
to be led by the Greens, urged the building of gas-fired power plants
to replace nuclear ones, saying that gas-fired stations were "highly
efficient" and produced less harmful pollution.
The national leader of the Greens, Cem Oezdemir, said his party's
support for the laws depended on improvements.
Chancellor Angela Merkel, who has emphasized her wish to gain
cross-party and state support for her government's plans, is to meet
with state leaders on Friday.


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