Utilities in Germany have enough funds to pay for the shutdown and cleanup of nuclear power plants as decommissioning moves a step closer, the Economy Ministry said Saturday.
Total reserves set aside by EON SE, RWE AG, Energie Baden-Wuerttemberg AG, Vattenfall AB, and Stadtwerke Muenchen GmbH of 38.3 billion euros ($43.5 billion) “completely reflect the costs,” Economy Minister Sigmar Gabriel said in an e-mailed statement.
