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Septembre 2016 / Reuters

German utilities poised to OK €26.4 billion deal to store nuclear waste in yet-to-be named idle mine



Sep 12, 2016

FRANKFURT – Germany is close to an agreement with its utilities that will see the government assume the risks and liabilities of storing private-sector nuclear waste in return for a €26.4 billion ($29.6 billion) cash payment, daily Boersen-Zeitung reported on Saturday.

An initial recommendation from an expert commission in April was for Germany’s power firms, led by industry leaders E.ON and RWE, to pay a total €23.3 billion to remove unwanted long-term liability for (...)

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