The German government appears to have backed down on its ban on reprocessing nuclear waste, which threatened to cost British and French companies hundreds of millions of pounds in lost revenue.
German Chancellor Gerhard Schroder met energy companies on Tuesday and said reprocessing could not be ended by 2000 because of a lack of storage capacity. No final date for ending reprocessing has been set.
British Nuclear Fuels (BNFL), which stood to lose out on reprocessing contracts, welcomed the delay, but said: ‘Unless all contracts are secured and spent fuel transport restarts, the threat to jobs at Sellafield and to part of BNFL’s future income remains.’
BNFL was set to claim £700m if the contracts were cancelled.