Nukes cost a billion to close

The European Commission has proposed granting over 1 billion Euros to Lithuania and Slovakia to assist them with closing four of their nuclear reactors.

The European Commission has proposed granting over 1 billion Euros to Lithuania and Slovakia to assist them with closing four of their nuclear reactors.

In line with the commitments they gave on joining the EU, Lithuania is required to close Unit 1 of the Ignalina nuclear power plant before 2005 and Unit 2 by 31 December 2009 at the latest.

Slovakia is required to shut Unit 1 of its Bohunice power plant by 31 December 2006 and Unit 2 by 31 December 2008 at the latest.

The EU has already provided financial assistance for the period 2004-2006, but more will be needed.

The Commission estimates that 1.052 billion Euros (815 million Euros for Lithuania and 237 million Euros for Slovakia) is required for the period 2007-2013.

The measures financed by the support aim to cover not only cover the technical operations involved in the decommissioning of the nuclear installations, but take into account the social aspects of the closures such as the redeployment of the power plant staff.

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