13 juin: STMicroelectronics : Le Groupe chinois Wasion adopte la technolog..
13 juin: TIVOLY :Communiqué post conseil de surveiilance 13-06-12 Projet d..
13/06/2012 16:25:00

Germany Sees No Legal Basis For Nuclear Exit Compensation

BERLIN--The German government sees no legal basis for paying compensation to utilities for damages related to the country's pullout from nuclear power, a government spokesmen said Wednesday.

"We assume that the decisions on the nuclear exit are compatible both with European law and the German constitution," said environment ministry spokesman Dominik Geissler.

He was responding to filings from utilities seeking multi-billion euro damages, with E.ON AG (EOAN.XE) alone looking to claim about EUR8 billion ($9.99 billion), E.ON spokesman Christian Drepper said.

According to the daily Frankfurter Allgemeine Zeitung, E.ON, RWE (RWE.XE) and Vattenfall Europe are demanding around EUR15 billion in total due to the nuclear exit.

RWE has confirmed it filed a lawsuit, but has declined to comment on the amount of compensation it is seeking, while Vattenfall Europe, as reported previously, is also considering filing for damages. "We will decide shortly about this," a spokeswoman for the company told Dow Jones Newswires Wednesday.

In 2011, following the nuclear disaster in Fukushima, Japan, the German government decided to phase out nuclear power earlier than planned. The retreat led to the immediate shutdown of eight out of 17 reactors in total, and triggered billions of euros in extra charges for the utilities, which cut investment and pledged to conserve cash in response.

The environment ministry spokesman added the decisions are also in line with a ruling of the constitutional court in 1978, which allows legislation to ban the construction of nuclear plants if they lead to damages which violate the constitutional right for wellbeing or other basic rights.

The deputy government spokesman Georg Streiter said "the federal government has no doubts that the nuclear law is in line with the constitution."

Germany's constitutional court intends to send E.ON's complaint to the federal government, the parliament, and 63 other institutions to allow them to respond, indicating the gravity of the case, an article in Frankfurter Allgemeine Zeitung added. A spokeswoman for the German constitutional court in Karlsruhe couldn't immediately be reached for comment.

Write to the Beate Preuschoff at beate.preuschoff@dowjones.com

(Hans Bielefeld and Jan Hromadko in Frankfurt contributed to this article)

(END) Dow Jones Newswires

June 13, 2012 10:25 ET (14:25 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

13 juin: STMicroelectronics : Le Groupe chinois Wasion adopte la technolog..
13 juin: TIVOLY :Communiqué post conseil de surveiilance 13-06-12 Projet d..

Envoyer un commentaire

Related debate

  • 1 semaine
  • 1 mois
  • 1 an
27 mai
 
DET BETYDER ALT (LÆS SIDSTE 10-11 LINJER FØRST, DET ER DET JEG HAR LEVET EFTER - OG DET HAR FANDEME ..
34
23 mai
ZEAL
Zealand Pharma havde i sammenhæng med deres Q1 resultat et web-cast, hvor ledelsen kommenterede på s..
31
25 mai
VELO
Efter aflæggelse af Q1 2015 afholdt Veloxis en telefonkonference om resultatet og                 fo..
20
27 mai
BIOPOR
  Tillykke til alle dem der har tjent godt på Bioporto de sidste par uger og specielt de sidste par ..
18
22 mai
VWS
BHE Renewables LLC, der er ejet af Warren Buffett's Berkshire Hathaway Energy og som for nyligt best..
15
24 mai
VWS
Hvis man ikke mere vil bruge dette forum, skal man så bede EI om at slette en???? Tænk, jeg troede m..
14
28 mai
GEN
Hvis man skal sige det kort, så er det pt Daratumumab der trækker kursen - så længe det kører som de..
13
23 mai
VWS
Giver dig ret i at MENA er dygtig, men hans sprogbrug gør bare at man ikke gider læse hvad han skriv..
10
23 mai
 
Hermed status på portefølje nr.6 i millionærklubben. For årets udbytter har jeg købt Johnson og john..
10
26 mai
 
Jeg er meget enig med dig i praktisk taget hvert et ord, som du skriver. Hvis jeg skal tilføje noget..
9

Actualité la plus lue

  • 24 heures
  • 48 heures
  • 1 semaine
1
Numericable-SFR : Compte rendu de l'assemblée générale du 28 mai 2015
2
Concours innovation Grandes Ecoles et Universités : Sogeti et Le Monde Informatique remettent les trophées Défi H 2015
3
Unibel : prise de participation majoritaire dans la société marocaine Safilait
4
Numericable-SFR : Annulation des actions auto-déténues
5
Fromageries Bel : prise de participation majoritaire dans la société marocaine Safilait

Buy and sell signals

  • Tendance
  • Moneymachine
Acheter
Vendre
Acheter
Acheter
Acheter

Droit d'auteur Euroinvestor A/S 2015   Mentions légales et conditions d'utilisation
Information sur les cours fournies par Interactive Data.
Les données sont différées de 15 à 20 minutes selon les accords avec les différentes bourses internationales.
 
vendredi 29 mai 2015 19:58:00
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: ReleaseBuild_20150528.1 - EUROWEB2 - 2015-05-29 19:58:00 - 2015-05-29 19:58:00 - 4 - Website: OKAY