Swiss funds for safe end of nuclear power total $3.26 billion

Freiburg (Platts)--5Jul2006


The operators of Swiss nuclear power plants have a total of SF4.014
billion ($3.26 billion) in their common fund for the disposal of nuclear power
plants, the Swiss federal office for energy BFE said Wednesday. The country
has one fund for waste disposal and another for decommissioning.
The waste disposal fund was created in 2000 and the four operators of the
five nuclear units started to contribute to it in 2001. The amount an operator
pays depends on their expected costs of disposal. At the end of 2005, the
amount in the fund came to SFr2.762 billion, up from SFr2.092 billion at the
end of 2004.
The fund for decommissioning was founded in January 1984. It covers the
cost of decommissioning, demolition and the disposal of waste produced from
that process. At the end of 2005, it totaled SFr1.252 billion, up from
SFr1.055 billion at the end of 2004.

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