Engie invoices state for $500 million to dismantle nuclear energy plant

2024-05-28 05:26:00



Engie is demanding compensation of 500 to 600 million euros from the Belgian authorities for the dismantling of the nuclear reactors. The group believes that the delays of Doel 4 and Tihange 3 disrupted the preliminary initiatives and that this ought to be compensated, L’Echo and De Tijd reported on Tuesday, referring to an annex to the annual accounts of Electrabel subsidiaries printed final week.

“The entire price of demolition is 8.4 billion euros and we estimate the monetary influence to be between 500 million and 600 million euros”confirmed Hellen Smeets, an organization spokeswoman.

That is the primary time the power firm has quantified the influence of “dissynergies” between enlargement initiatives for 2 items and demolition initiatives for an additional 5 items.

In its unique plan (with out extension), Engie envisaged shutting down all its items between 2022 and 2025, with a gradual dismantling over the next years. “The settlement with the federal government gives a mechanism to cut back the monetary influence of the extension on different energy plant retirement plans,” In protection of Helen Smets. “This provides time and leads to a lack of economies of scale,” She insisted.

Vitality Minister Tinne Van der Straeten (Groen) is searching for a second opinion. “We don’t agree with Engie’s unilateral estimate and there is not going to essentially be extra related prices, however it’s as much as the Committee on Nuclear Provide (CPN) to resolve.” the Cupboard retorted. Kevin Welch, chairman of the CPN, defined in an interview that he had been engaged on the problem since February.






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