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Dismantling nuke plants to cost €18 billion

The Local · 28 Sep 2011, 11:12

Published: 28 Sep 2011 11:12 GMT+02:00

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The study by the Arthur D. Little firm, seen by newspaper Handelsblatt, comes after German energy companies have complained about the cost and complexity of the phaseout.

The government made the decision to phase out nuclear power by 2022 in the wake of the Japanese earthquake and nuclear disaster earlier this year. The country is aiming to move toward greener energy solutions.

The move has been controversial, with many opponents warning that it could lead to power shortages and higher prices for consumers. Another study has estimated that total costs to Germany from the phaseout could hit €250 billion over the next decade.

Eight reactors have already been shut down throughout the country, with nine more slated to be turned off over the next 11 years.

Decommissioning a nuclear reactor is risky and complex. Engineers have to ensure that radioactive materials don’t escape the area, and constant monitoring has to continue afterwards.

According to Handelsblatt, the decommissioning process is estimated to cost between €670 million to €1.2 billion per plant. Even more could be necessary in order to store waste materials.

An expert with Arthur D. Little emphasized the enormity of the task as well as the potential for temporary electricity shortages – challenges he said should not be underestimated.

Story continues below…

“The nuclear phaseout in Germany presents the utilities and service providers with a difficult task,” said consultant Michael Kruse.

The Local/mdm

The Local (news@thelocal.de)

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Your comments about this article

11:56 September 28, 2011 by auniquecorn
Dismantling nuke plants to cost €18 billion,

in reality, like the article says,

total costs to Germany from the phaseout could hit €250 billion
12:10 September 28, 2011 by pepsionice
268 billion, split among 80 million Germans. Figure the math. And accept it because your fear of a Japanese nuke accident is overwhelming. But you should do this as well....figure out how much power you consume and ask where that power will come from in the future. It might curious to grasp how Russia will give you power, via their nuke plants....and you will just grin and accept it.
12:47 September 28, 2011 by Simon_Kellett
All reactors have to be expensively decommissioned at some point, when they reach end-of-life. Or are the quoted costs something extra (I am a bit suspicious: it would be convenient for the Nuclear Industry to blame costs on government policy, rather than the inevitable costs of running a nuclear power station !)
18:27 September 28, 2011 by jmclewis
Angela's lack of leadership on a subject she understands will lead to a loss of energy independence and a huge bill for the German tax payers..... she should resign! If the German Auto Industry followed this logic they would have stopped making cars with the first car accident with a fatality!
08:56 September 29, 2011 by delvek
haha, priceless.

18B ... 250B ... loss of power ... who cares!

The sky is falling! Trickle in evidence that the world is going mad with irrational thought further instigated by the looney left. I should probably start buying property in Russia now.
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