Three big energy giants sued the German government

International Energy Network News: Nuclear power, which accounts for 23% of Germany's total power supply, will withdraw from the stage of history before 2022. In the past ten years, several major nuclear power operators in Germany have had a hard time. Since the beginning of 2011, the German federal government has imposed nuclear fuel tax on domestic nuclear power operators. Energy giants believe that the government levies this tax is contrary to the German constitution and does not comply with relevant EU legal provisions. Recently, three energy leaders have successively Initiated a lawsuit to dismantle the nuclear fuel tax

Three energy giants have successively sued the government for the newly-launched nuclear fuel tax in early 2011. It can be said that the major energy giants in Germany have “heart punctures”. This type of tax that greatly offsets the extra profits of nuclear power companies has also become the main reason for the prosecution of the German government. In response, Deutsche Bank analysts had expected: "The closure of nuclear power plants built before 1980 and the gradual closure of other nuclear power plants were expected, but nuclear companies' hopes for the complete elimination of nuclear fuel taxes have been increasing. "The helplessness of the German Federal Government to levy this tax is equally strong.

Deutsche Bank therefore believes that E. On AG and RWE AG, both of which are German energy giants, are likely to sue the decision of the German federal government.

Sure enough, the two major energy companies, Ion Group and Rheinland Group, sued the German government in 2011 for opposing nuclear fuel taxation. In mid-July, EnBW, an energy supplier based in Baden-Württemberg, Germany, also followed suit, announced the nuclear fuel tax in Karlsruhe and filed a lawsuit against the federal government. The lawsuit has now been filed. Handed over to Vyburg Financial Court.

The German government’s tax on nuclear companies’ nuclear power operators needs to pay 1.3 billion each year in accordance with the German Federal Government’s regulations on nuclear fuel taxes. EnBW has to pay hundreds of millions of euros in taxes every year. The company stated that they decided to resort to legal means to solve this problem after careful consideration. Baden-Württemberg Energy believes that the federal government's levy of nuclear fuel taxes is contrary to the German constitution and does not comply with the relevant EU legal provisions.

The German Federal Government had previously decided that since 2011, it has imposed nuclear fuel tax on the four major domestic nuclear power operators - the EON Group, the Rheinland Group, Baden-Württemberg Energy Company, and the Wattenshof Power Group. The taxes paid are rated at 2.3 billion euros and continue until 2016. The post-German government reduced the tax amount by 1 billion euros to 1.3 billion euros, but for German nuclear power companies it is still "high price."

Nuclear energy is Germany's second largest power generation material so far, accounting for about 23% of Germany's total electricity supply. The four energy giants operate all 17 nuclear power plants in Germany. The two largest companies, the Yonex Group and the Rheinland Group, were originally state-owned enterprises. They became listed private companies in the 1990s; the other two - Baden-Württemberg Temburg Energy Corporation and Wattford Power Group are still state-owned enterprises.

In recent years, the European Union has started to impose a carbon tax on fossil fuel power generators, resulting in higher electricity prices. The German government believes that nuclear power operators profit from rising electricity prices, so they should collect nuclear fuel tax from their extra profits.

Legitimacy of the nuclear fuel tax is questioned whether it constitutes a constitutional right infringement German Chancellor Angela Merkel said in August when he visited a nuclear power plant in northwestern Germany that he expects the nuclear fuel tax to contribute to the government’s budget and believes that German nuclear companies should help Energy development. This remark made it even more dissatisfied with the energy giants who had been quitting the nuclear fuel tax.

From the collection of nuclear fuel taxation discussions to the effective implementation of the implementation, the German energy giants have repeatedly expressed **. Among them, Bader-Württemberg Energy Company (EnBW) has repeatedly stated that it questioned the legitimacy of the tax and believed that the government's compulsory collection of this tax was "a violation of the constitutional rights."

The legal adviser of Baden-Württemberg Energy believes that the German federal government not only lacks legislative authority in the collection of nuclear fuel taxes, but also violates the legal agreement reached in 2001 when the government promised not to unilaterally implement nuclear energy development. Business harmful measures. The energy giant and some politicians have also sent a joint letter to the German federal government, expressing strong enthusiasm for the annual plan to impose a huge nuclear fuel tax on energy groups.

In late May 2011, the Evian Group claimed several billion euros from the government. On June 22, the Rheinland Group also formally challenged the German government and announced that it would sell off three-quarters of its high-voltage grid shares.

For the strong enthusiasm from the energy giant, Merkel has stated that he will insist on a plan to impose a nuclear fuel tax. For the German government's approach, EU energy commissioner Ottinger also backed the South German News.

Merkel is in favor of applying new energy to nuclear energy as a beneficiary. Some opponents have stated that the levy of nuclear fuel tax is a German government’s discriminatory policy on nuclear energy: by sharply increasing taxes to reduce the competitiveness of the nuclear energy industry, other energy companies can obtain it. A lot of subsidies. For example, the German coal industry can obtain huge subsidies of 2.5 billion to 7.9 billion euros each year, and renewable energy also receives huge financial support every year.

However, the German government believes that since fossil-fuel power generators must bear the increased carbon emission costs, it is reasonable for the nuclear energy industry to have a low carbon emission cost.

There is another argument that the levying of the nuclear fuel tax is intended to help reduce the federal government’s budget deficit. Even Merkel has publicly admitted that the introduction of the nuclear fuel tax is an effort by the government to reduce the public budget deficit. Merkel said that he hopes that the introduction of this tax can achieve the goal of rectifying the federal budget in Germany.

Disciplining nuclear fuel tax interest cakes The federal states also want to profit from it. Perhaps the nuclear fuel tax levied by the German federal government, which is an attractive annual “capital” which brings in a lot of financial revenue, attracts the German federals. The state's "cockroaches" also demanded a share of the nuclear economy.

However, this was strongly opposed by the federal government. A spokesman for the German federal government said that this substantial income will be used to rectify, strengthen, and consolidate federal finances. In addition, this income can also effectively reduce the government's net credit.

The nuclear power industry will be abandoned before the end of 2022. The nuclear power industry will also be hit hard. The energy giants have been more competitive for the nuclear fuel tax and the federal government. The results are still unpredictable. However, these nuclear energy companies may have a harder time in Germany in the future. In addition to the burden of the nuclear fuel tax, there is also Damocles's sword hanging on them: On May 30, 2011, the German Federal Minister of the Environment, Rotgen, announced that Germany will terminate all its territory by the end of 2022. The operation of nuclear power plants has become the first developed country in the world to completely give up nuclear power. This means that Germany’s nuclear power industry will completely enter history after more than 10 years.

Among them, the eight nuclear power stations that have already been suspended will not be restarted. Six of the remaining nine nuclear power stations will completely withdraw from the stage of history in 2021, and another three are allowed to remain for another year to prevent possible power shortages. phenomenon.

According to an analysis by a financial institution in Germany, Germany’s abandonment of nuclear power will cause power companies to suffer economic losses of up to 22 billion euros, of which Germany’s nuclear giants, Evian Group and Rheinland Group, have suffered particularly large losses. If Germany shuts down all nuclear power plants by 2022 as scheduled, then among the four major energy giants, the Evian Group will lose 8.6 billion euros, and its revenue will be reduced to 6 billion euros. The Rhine Group will lose 5.9 billion euros and its revenue will be reduced to 2.3 billion euros.

The current nuclear fuel tax imposed by Germany on nuclear energy companies is only a “battle” and has triggered a fierce reaction from energy giants. The three energy leader companies have initiated lawsuits and demanded compensation from the German government for their loss of interests. The decision to shut down all nuclear power plants in China by the end of 2022 is a "life and death" for nuclear power companies. I wonder if Germany's nuclear power industry will go from here during the countdown period of more than ten years.

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