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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Sweden to phase out nuclear capacity tax
Sweden has unveiled plans to phase out nuclear capacity tax on its existing reactors and will allow new reactors to be built to replace them. Agneta Rising, Director General, World Nuclear Association, said: ‘It is excellent news that this tax will be removed, but it should never have been implemented in such a way as to distort the market and put at risk the operation of Sweden’s nuclear power plants, which provide affordable and reliable electricity and form a vital part of its low carbon generation mix.’ The nuclear tax had been repeatedly raised and had reached a level where it was equivalent to more than double the staff costs or more than a third of the operating costs of the plant. Rising continued: ‘Other countries should follow Sweden’s example and ensure that their energy policies provide a level playing field that treats all forms of generation equally on their merits.
News Item details
Journal title: Petroleum Review
Subjects: Electricity from nuclear fuel, Nuclear fuels, Taxation, Nuclear power plant and services, Nuclear reactors
