The 19 members of the nuclear commission (KFK) tasked with securing funds for the country's nuclear exit have estimated that costs to be covered by the four German nuclear power plant operators (E.ON, RWE, Vattenfall and EnBW) will amount €23.3bn. The payments will be paid into a state-owned fund in several tranches over the next few years and will cover the full costs of comprehensive safety, decommissioning and waste disposal processes. The four companies had already set aside provisions of €17.2bn. Therefore, they will have to pay an additional €6.1bn while their financial health has been under heavy pressure in recent years due to the drop of wholesale electricity price.
In exchange, the German state will take on all the residual financial risks associated with radioactive waste storage, and then limit the nuclear phase-out burden to be attributed to power plant operators to €23.3bn.
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