Subscribe free to our newsletters via your
. Military Space News .




CIVIL NUCLEAR
German court orders nuclear fuel rod tax to be reimbursed
by Staff Writers
Frankfurt (AFP) April 14, 2014


A court in Hamburg ruled Monday that a nuclear fuel rod tax imposed on Germany's power suppliers must be reimbursed until its compatability with European and domestic law is established.

German tax authorities must repay more than 2.2 billion euros ($3.0 billion) in levies to the country's five biggest power suppliers until Germany's Constitutional Court and the European Court of Justice reach a final ruling on the controversial tax, Hamburg's Finance Court said in a statement.

Power utilities will also not need to pay the tax until the decision is handed down.

The companies believe that the levy on new nuclear fuel rods violates the German constitution and EU rules.

Germany launched a shift towards from nuclear and carbon-based energy toward renewables in the late 1990s -- a process that was accelerated up after Japan's 2011 Fukushima nuclear disaster.

The speed up has hit the country's reactor operators hard.

It has cut their earnings, forced them to book billions of euros in write-downs on nuclear assets and increase provisions for the early decommissioning of their nuclear facilities.

Germany's biggest utility, E.ON, welcomed Monday's decision and said it expected to be refunded 1.7 billion euros by tax authorities.

But it added that the decision would not have any immediate impact on the group's earnings.

"The decision reaffirms the serious doubts about the constitutionality of the nuclear fuel tax and its compatibility with EU law and is therefore expressly welcomed by E.ON," the company said in a statement.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CIVIL NUCLEAR
Japan to keep using nuclear in new energy plan
Tokyo (AFP) April 11, 2014
Japan on Friday said nuclear power would remain an important source of energy as the government approved a new Basic Energy Plan, the first policy of its kind since the 2011 Fukushima disaster. The government of conservative Prime Minister Shinzo Abe said atomic generation would resume once regulators were sure of the safety of each reactor, all of which were switched off after the tsunami-s ... read more


CIVIL NUCLEAR
Russia warns Ukraine against missile technologies proliferation

Japan orders to shoot down any new N Korea ballistic missile launches

US to send two more missile defence ships to Japan: Hagel

Russia's new S-500 system to destroy any target at any altitude

CIVIL NUCLEAR
US, UK parts in North Korea rocket

Britain, France sign anti-ship missile deal

Approval given for Griffin missile launch system

Lockheed Martin's DAGR Missile Scores a Perfect 16 of 16 in Flight Tests for US Army

CIVIL NUCLEAR
Remote Troops Closer to Having High-Speed Wireless Networks Mounted on UAVs

Northrop Grumman to Build Five More MQ-8C Fire Scouts for the US Navy

LockMart and US Navy Demonstrate Airborne Autonomy Technology

Navy to fly drone helicopters from tablet app

CIVIL NUCLEAR
Intelsat and L-3 Test Protected Air Force Tactical Technology on Ku-band

Spectrum Challenge Paves Way For More Reliable Radio Communications

Testing Begins on Third AEHF Satellite

Northrop Grumman Flies First Production Smart Node Pod

CIVIL NUCLEAR
Military selects BAE Systems cross-domain application

DARPA Launches Biological Technologies Office

Norway orders military trucks

Ukrainian industry ready to supply military with armored vehicles

CIVIL NUCLEAR
British defence minister in Saudi talks

Japan orders Australian armored vehicles

Volvo suspends Russia tank project over Ukraine 'uncertainty'

Eighteen countries ratify UN treaty on arms trade

CIVIL NUCLEAR
US could 're-examine' its military presence in Europe

US sends warship to Black Sea amid Ukraine crisis

New China envoy tries to mend fences with Philippines

Pentagon chief's visit exposes US-China divide

CIVIL NUCLEAR
The Motion of the Medium Matters for Self-assembling Particles

Never say never in the nano-world

Nanosheets and nanowires

Fabricating Nanostructures with Silk Could Make Clean Rooms Green Rooms




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.