A new tax for nuclear energy in Germany

19/07/2010 08:35 Electricity Market


German parliament proposed the introduction of a new tax on nuclear energy. The tax would constitute 220 euros/gramme of nuclear fuel, and it would rise as long as plants will continue operating.

This tax is expected to raise over 2.3 billion euro in 3 years, a substantial aid to the German budget deficit. Some of these funds will go to the development of renewable projects. The affected German companies, like E.ON, RWEA, Vatenfall Europe, EnBW, expressed concerns about the companies’ capacity to deal with these expenses. Some of them declared that they would have to sell some of their assets and to stop some investment projects. The tax wouldn’t probably significantly influence the prices for the consumers.

‘Hydrogen is the rockstar of the energy system’

09/07/2020 09:05:00

The European Commission has pledged to support the installation of at least 6GW of renewable hydrogen electrolysers in the EU by 2024


Vestas wins 166MW Polish order

09/07/2020 09:01:00

Two projects will comprise 48 V126-3.45MW turbines


Daily (08.07.2020): German and French spot electricity prices at their highest levels since the end of January amid lower renewables output and nuclear availability

08/07/2020 11:15:00

Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.