Germany sued for billions over nuclear exit

Industrial Info reports the German government is facing a major legal battle over its planned early exit from nuclear power as energy giants E.ON AG want billions of euros in compensation.

E.ON made its intentions clear this week when it outlined plans to take legal action against the government’s decision to continue demanding its controversial nuclear tax, despite shutting down the oldest nuclear plants. In March, RWE announced that it would take legal action against the government’s closure o those seven nuclear plants.

News alert issued by Industrial Info Resources.