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Nuclear power licences could be auctioned off

The Local · 13 Jul 2010, 09:04

Published: 13 Jul 2010 09:04 GMT+02:00

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As part of the coalition’s effort to retreat from the former centre-left government’s decision in 2000 to phase out nuclear power, major utilities firms who hold licences to operate atomic power plants would bid at auctions to extend the licences on their reactors, daily Financial Times Deutschland reported.

It would be similar to the auctioning of mobile phone licences, which earned the government more than €50 billion in 2000.

“It’s an interesting proposal that deserves serious consideration,” Environment Minister Norbert Röttgen told the paper.

Horst Meierhofer, energy spokesman for the pro-business Free Democrats, who are the junior partners in the centre-right coalition, said: “It is a good idea because it creates a competitive solution.

Story continues below…

The government coalition parties have long been debating how to extend the lifespans of nuclear power stations. The government is expected to present its energy policy concept, and settle the question of nuclear power stations lifespans, by the end of August.

The Local (news@thelocal.de)

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Your comments about this article

13:32 July 13, 2010 by claudegaveau
Great idea (NOT)!

Private enterprise looking to increase stock value and cut costs etc will surely cut corners just like DB did with the break system on their S-Bahn trains in Berlin. I foresee a nuclear accident due to over zealous managers looking to increase their bonus.
22:13 July 13, 2010 by JohnnesKönig
The biggest problem is not addressed here. what to do with the waste!
09:29 July 15, 2010 by generalpublic
great idea the private companies get all the profits and the public pays for all the problems.. hasnt this been tried before ? oh yes i remember now
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