Subscribe free to our newsletters via your
. Nuclear Energy News .




CIVIL NUCLEAR
Vattenfall wants 3.5 bn euros in German nuclear spat
by Staff Writers
Stockholm (AFP) Dec 21, 2012


Swedish energy group Vattenfall is demanding 30 billion kronor (3.5 billion euros, $4.6 billion) in damages from Germany following Berlin's decision to shut some nuclear reactors, media reported on Friday.

"Vattenfall has launched proceedings against Germany for more than 30 billion kronor," business daily Dagens Industri wrote, without citing any sources.

The group claims its right of ownership was violated by Berlin's decision in March last year to immediately shutter some nuclear reactors, including the plants in Brunsbuettel and Kruemmel in the north of the country that were jointly owned by Vattenfall and Germany's E.ON.

At the time, two weeks after Japan's Fukushima disaster, the two plants had a history of technical problems and had been out of service since 2007 and 2009, respectively.

Vattenfall has never revealed a cost estimate for the closure, unlike E.ON which has put the cost at eight billion euros.

Vattenfall declined to comment when contacted by AFP.

Sweden's Minister for Financial Markets, Peter Norman, who oversees Sweden's state-owned companies, told AFP the dispute was beyond his remit. "We treat Vattenfall in many respects as a private company. That is a question for a Board," he said.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CIVIL NUCLEAR
Quake risk at Japan atomic recycling plant: experts
Tokyo (AFP) Dec 19, 2012
Japan's only reprocessing plant for spent nuclear fuel could sit on an active seismic fault vulnerable to a massive earthquake, experts warned Wednesday. If regulators agree they will have to order its closure and Japan would be without any recycling capacity of its own, a government official told AFP on condition of anonymity. This would leave it dependent on other countries and with no ... read more


CIVIL NUCLEAR
NC State Study Offers Insight Into Converting Wood to Bio-Oil

Can Algae-Derived Oils Support Large-Scale, Low-Cost Biofuels Production?

Plastic packaging industry is moving towards completely bio-based products

Gases from Grasses

CIVIL NUCLEAR
Top-10 Solar Market Predictions for 2013

KYOCERA Surpasses Two Million Solar Modules Produced in North America

Solar panel companies in federal probe

Asian Supermarket Distribution Center Completes Solar Installation

CIVIL NUCLEAR
China's wind towers face U.S. tariffs

Offshore wind power: AREVA and STX France ally their expertise

US confirms duties on 1towers from China, Vietnam

Ground broken on Irish Midlands wind farm

CIVIL NUCLEAR
Indian washermen spin out decades-old tradition

National Grid Creates Big Questions for Transmission Industry

Zimbabwe and China ink $400 mn electricity deal

Germany energy 'revolution' on course despite concerns

CIVIL NUCLEAR
Keystone XL: Welcome to the Proxy Energy War

Judge clears BP's $7.8 bn settlement in US oil spill

Exxon extends Africa's energy enterprise

YPF seeks $37B cash for shale development

CIVIL NUCLEAR
Nearby star is good candidate for Earth-like planets

Venus transit and lunar mirror could help astronomers find worlds around other stars

Astronomers discover and 'weigh' infant solar system

Search for Life Suggests Solar Systems More Habitable than Ours

CIVIL NUCLEAR
Russia building nuclear submersible craft

Adelaide to get submarine testing facility

NTU's 'sense-ational' invention helps underwater vessels navigate with ease

Briton jailed for plot to pass nuclear sub secrets to Russia

CIVIL NUCLEAR
Opportunity For Some Shoulder Workout At Copper Cliff

Enabling ChemCam to Measure Key Isotopic Ratios on Mars and Other Planets

Curiosity Rover Explores 'Yellowknife Bay'

Curious About Life: Interview with Darby Dyer




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement