EON Chief Teyssen Urges Court for 'Fairness' in Nuclear Exit

  • German top court hears suits by EON, RWE and Vattenfall
  • Utilities seek ruling to allow them collect compensation
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EON SE Chief Executive Officer Johannes Teyssen pleaded with Germany’s top judges to make sure the country’s three biggest utilities are treated fairly while the nation winds down nuclear-power production.

Teyssen addressed the Federal Constitutional Court in Karlsruhe on Tuesday at the first day of hearings regarding the country’s nuclear exit. While the industry accepts the political decision taken by Germany after the 2011 Fukushima catastrophe in Japan, he said the cost shouldn’t be unilaterally dumped on the utilities.