Germany to compensate energy firms €2.4b for nuclear exit | Malay Mail

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BERLIN, March 5 — Germany will pay energy companies a total of €2.4 billion (RM11.8 billion) in compensation for its decision to exit nuclear energy in the wake of the 2011 Fukushima disaster, Berlin said today. By the end of 2022, Germany will have achieved its goal of completely phasing out...

General view of the nuclear power plant that will be dismantled in Muelheim-Kaerlich, Germany, May 22, 2017. — Reuters picBERLIN, March 5 — Germany will pay energy companies a total of €2.4 billion in compensation for its decision to exit nuclear energy in the wake of the 2011 Fukushima disaster, Berlin said today.

They added that Berlin would pay a total of €2.428 billion compensation to the four companies, all of which operate nuclear power plants in Germany. The plan was met with widespread public support in a country with a powerful anti-nuclear movement, fuelled first by fears of a Cold War conflict and then by disasters such as Chernobyl.

 

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