Germany’s opposition Greens have softened their stance towards utility companies, agreeing with powerful trade union IG BCE that they should not have to bear alone the costs of the country’s exit from nuclear power. A government-appointed committee chaired by Green ex-environment minister Juergen Trittin is trying to decide how to apportion the costs for the decommissioning of plants and the storage of nuclear waste. The utilities are already struggling with a steep fall in wholesale power prices and the union and others have argued against burdening them with excessive costs for fear of driving them out of business.
Reuters 28th Feb 2016 read more »