Swedish state utility to sue German government over nuclear

Angela Merkel’s German government is to face a lawsuit filed by Swedish state-owned utility Vattenfall at Angela Merkel the Washington-based International Centre for Settlement of Investment Disputes next week.

World Nuclear News reports that Vattenfall is suing for a reported €4.7bn ($6bn) in damages as a result of the enforced closure of Brunsbüttel & Krümmel nuclear power plants ordered by the German government as part of a decision to phase out nuclear power in 2011. However a spokesperson refused to confirm the extent of damages applied for by the company.

The proceedings of the case will be streamed on the following link. The hearing commences on Monday and will end on Friday 21 October.”

Following the Fukushima accident in March 2011, the government announced the withdrawal of the operating licences of eight German nuclear power plants, which included the Brunsbüttel and Krümmel units.



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

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

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 ...