nuclear-news

France’s nuclear plant owners not liable for accident costs

Whereas nuclear power plants are liable under German regulations for damages of up to 2.5 billion euros, for example, those in France can be found only liable for just 91.5 million.

“It is unfair that a nuclear power plant only needs to insure itself against a fraction of its risks.” Green European MP Claude Turmes told the business magazine.

Pressure rising on Europe’s nuclear plant owners Reuters Apr 3, 2011 “….. FATAL EXPANSION Separately, WirtschaftsWoche reported Oettinger plans to talk to nuclear power plant operators and insurers in Brussels on Tuesday about harmonising liabilities across the EU, seen as an implicit subsidy for operators in certain countries.

Whereas nuclear power plants are liable under German regulations for damages of up to 2.5 billion euros, for example, those in France can be found only liable for just 91.5 million.

“It is unfair that a nuclear power plant only needs to insure itself against a fraction of its risks.” Green European MP Claude Turmes told the business magazine. The party’s parliamentary leader in the Bundestag, Juergen Trittin, argued it was possible to shut down all reactors in Germany thanks to an EU commitment to raise the amount of renewables in its power mix to 38.6 percent by 2020.

“Not only can we then replace nuclear power with renewables, but we can also take a big chunk out of our fossil fuel needs as well,” Trittin told Frankfurter Allgemeine Sonntagszeitung…..

Pressure rising on Europe’s nuclear plant owners | Metals & Mining | Reuters

April 4, 2011 - Posted by Christina Macpherson | business and costs, France