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Germany, the energy giants ask for a bad bank for nuclear power

Berlin has given up on atomic energy and will shut down the plants by 2022 – The decommissioning has a cost, which however the energy companies do not want to pay: this is why they would be negotiating with the government the creation of an atom bad bank, a public foundation to which ownership of the plants will be transferred

Germany, the energy giants ask for a bad bank for nuclear power

Escape from the atom in Germany has costs. A price that companies have no intention of paying. This is why German utilities are negotiating with the government about the possibility of not having to bear the burden of decommissioning the country's nuclear power plants. Deutsche Welle reports it.

The four main energy companies - E.ON, RWE, EnBW and the Swedish Vattenfall - are reportedly trying to cede ownership and control of the plants to a public foundation that would function as an energy "bad bank".

The institute would be responsible for the decommissioning of the plants over the next 8 years and would deal with the disposal of nuclear waste. 

The project was revealed by the German magazine Der Spiegel. The government in Berlin, however, has not yet confirmed anything.

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