. Energy News .




.
CIVIL NUCLEAR
RWE joins rival E.ON in suing Germany over nuclear exit
by Staff Writers
Frankfurt (AFP) April 19, 2012


German power supplier RWE said Thursday it is joining its bigger rival E.ON in filing a complaint with Germany's highest court over compensation for the government's decision to abandon nuclear power.

RWE chief executive Juergen Grossmann told group shareholders at their annual general meeting that a corresponding lawsuit had been filed with the German constitutional court in February.

E.ON already undertook such a move in November.

Both companies argue that the nuclear exit decision has harmed their proprietary rights as they had to shut down reactors early.

Last year, E.ON said the suit was not about the pull-out from nuclear energy per se, which is largely the will of the German population, but about the lack of compensation for the companies affected by the energy policy U-turn.

Both companies have seen profits fall sharply owing to the shutdown of power plants as part of Germany's policy to abandon nuclear energy.

In the wake of the nuclear disaster in Fukushima, Japan, the German government decided to phase out nuclear power, forcing energy suppliers to shut down their profitable large-scale power plants and also levying a tax on the reactors' fuel for their remaining lifespan.

--- Dow Jone Newswire contributed to this report ---

Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CIVIL NUCLEAR
Armenia extends life of Soviet-era nuclear reactor
Yerevan (AFP) April 19, 2012
Armenia on Thursday said it had decided to extend the life of its Soviet-era nuclear reactor by four years until 2020 despite concerns raised by environmentalists in the earthquake-prone country. "The prolongation of the existing nuclear plant's operation is needed to ensure energy security and the energy independence of Armenia, taking into account the time (needed) to build a new unit," au ... read more


CIVIL NUCLEAR
NASA Satellite Movie Shows Great Plains Tornado Outbreak from Space

FCC drops Google 'Street View' investigation

Envisat services interrupted

ITT Exelis delivers imaging system for next-generation, high-resolution GeoEye-2 satellite

CIVIL NUCLEAR
Russia to Test Second Glonass-K Satellite in 2013

Lockheed Martin and Raytheon Complete Major GPS Integration Milestone

New Technology Tracks Sparrow Migration for First Time from California to Alaska

Galileo satellites intensify competition on the market of navigation

CIVIL NUCLEAR
Eight native Mexicans shot dead defending forest

DMCii's detailed satellite imagery helps Brazil stamp out deforestation as it happens

UCSB Study Shows Forest Insects and Diseases Arrive in U.S. Via Imported Plants

Russia decodes ancient dawn redwood DNA

CIVIL NUCLEAR
ORNL process improves catalytic rate of enzymes by 3,000 percent

Hot new manufacturing tool: A temperature-controlled microbe

Policies, learning-by-doing played important role in reducing ethanol costs

Hawaii plans biorefinery

CIVIL NUCLEAR
Hanwha Solar Deepens Roots in North America

Solar Manufacturers No Longer Slashing Price to Bring In Orders

EU: $65M for Third World green energy

Clean Energy Collective Launches Community Solar Garden Financing Program

CIVIL NUCLEAR
British engineering firm creates 1,000 wind farm jobs

Cape Wind picks contractors for wind farm

Reducing cash bite of wind power

GDF SUEZ, VINCI, CDC Infrastructure and AREVA mobilized for offshore wind power

CIVIL NUCLEAR
Buy coal? New analysis shows purchasing fossil fuel deposits best way to fight climate change

At least 15 dead in two China mine floods

Coal India faces government pressure

China's Chalco to buy stake in Mongolian firm

CIVIL NUCLEAR
'We are the serfs': Chinese debate Bo Xilai saga

Hong Kong's next leader to ban mainland babies

US calls for release of China rights defender

China's Ai Weiwei sues tax bureau after huge fine


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement