E.On seeks $10 billion in damages after German nuclear shutdown

Frankfurt, Germany, June 13, 2012 — Damages sought by E.On AG from the enforced shutdown of nuclear power stations total $9.97 billion, a company spokesman said June 13.

German utilities other than E.On are seeking $18.8 billion in damages related to the German government's decision to exit nuclear energy, according to reports from that country.

Following the March 2011 Fukushima nuclear disaster, Germany decided to permanently shut down eight of its reactors and pledged to close the rest by 2022.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs