German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) Friday said its nuclear power unit EnBW Kernkraft GmbH will file a lawsuit against the government over its tax on nuclear fuel rods.
German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) Friday said
its nuclear power unit EnBW Kernkraft GmbH will file a lawsuit against the
government over its tax on nuclear fuel rods.
EnBW said in a press release that it has "considerable doubts" over
the legal basis of the tax.
The energy company said its annual burden from the tax is in the high
three-digit million euro range.
Germany
's
parliament last year approved a tax on nuclear fuel rods as part of a plan to
extend the life span of nuclear reactors.
Following the earthquake and tsunami that struck
Japan
's
Fukushima Daiichi plant in March however, the government reversed that decision
and vowed to exit nuclear power entirely by 2022.
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