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Germany’s RWE and E.ON score nuclear fuel tax rebate

25 Oct 2011 17:15:01 | edem

German utilities RWE and E.ON have received temporary rebates on their tax payments for nuclear fuel elements.

E.ON has had a nuclear fuel tax rebate of €96m, while RWE has received €74m. A spokesman for RWE confirmed German media reports, although E.ON was unavailable for comment as ICIS Heren went to press.

Both companies are facing losses due to the nuclear moratorium imposed by the German government, and were seeking tax relief from the German courts. Their cases are still pending (see EDEM 23 June 2011).

The nuclear tax was initially introduced as compensation for extending the lifespans of the nuclear reactors, amounting to utilities paying €2.3bn/year by 2016, with other measures from 2017 (see EDEM 28 September 2010). The government's decision to keep the tax despite the nuclear phase-out sparked outrage among nuclear plant operators.

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