Germany’s leading utilities will start contributing next year to a 23.6 billion euro ($26.4 billion) fund as a condition for shifting liability for nuclear waste storage to the government, giving investors greater clarity over their future finances. The new legislation, seen by Reuters on Friday, will remove uncertainty about the costs of storing waste — the most complex and costly aspect of nuclear decommissioning — which has been a major drag on German utility stocks.
Reuters 14th Oct 2016 read more »