Commentators welcome nuclear deal, trash e-car subsidies
S眉ddeutsche Zeitung
鈥淎 bird in the hand鈥�
The proposed fund for nuclear storage costs is in breach of some fundamental principles, writes Michael Bauchm眉ller in an op-ed for the S眉ddeutsche Zeitung. Nuclear utilities can absolve themselves of the responsibility of their waste by paying 23.3 billion euros into the fund. And the taxpayer will have to foot the bill if this money is not enough to pay for the nuclear clean-up. But seeing that the large utilities may not be around long enough to fulfil their nuclear obligations anyway, the commission on financing the nuclear clean-up has decided that a bird in the hand is worth two in the bush, Bauchm眉ller says.
Read a 威力彩玩法 article on the storage fund plans here.
Find the 威力彩玩法 dossier "The challenges of Germany鈥檚 nuclear phase-out" here.
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Frankfurter Allgemeine Zeitung
鈥淣uclear obligations 鈥� fairly distributed鈥�
What the nuclear commission suggests is that if the decommissioning and deconstruction of old nuclear power plants gets more expensive, the utilities have to pay for it. But if storage of radioactive waste costs more than is covered by the fund, the tax-payer has to pay. This is a fair distribution, says Alexander Mihm in the Frankfurter Allgemeine Zeitung. Little is known about the actual design of the state-administered nuclear storage fund. Here the state itself poses a large risk 鈥� will it take care of the billions in the pot or will it use the money for other purposes?, Mihm asks.
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General Anzeiger
鈥淭he principle of a cap鈥�
Why did the share price of utilities rise sharply after it was proposed that they should pay around 6 billion euros in risk surcharge into a nuclear storage fund? The explanation is easy, writes Michael Braun in an op-ed for the General Anzeiger: Investors had thought that storage costs would be much higher and that the liability of the utilities for the nuclear waste would last much longer. The principle of a cap was important to investors.
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Handelsblatt
鈥淲ell done鈥�
The nuclear commission has found a good consensus solution, writes Klaus Stratmann in the Handelsblatt. The nuclear utilities should now follow the recommendations because they had ample opportunity to present their views and concerns in the meetings of the commission. It is out of the question that the big four utilities are suffering as never before but the risk surcharge that they have been asked to pay is moderate enough and would allow them to shake off the unlimited responsibility for nuclear waste storage.
Read the article in German (behind paywall) .
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Der Tagesspiegel
鈥淏etter than nothing鈥�
It is likely that the nuclear commission鈥檚 unanimous suggestions will pass through the legislative process unchanged, writes Dagmar Dehmer in an op-ed of the Tagesspiegel. There is broad support for the recommendations from different parts of industry and society, even if the utilities do not agree. Their only means then would be to challenge the new legislation in the court - but the arguments that they have given throughout the debate in the commission have not been very convincing. The consensus is better than nothing for both the utilities and the tax-payer.
Read the op-ed in German .
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Frankfurter Rundschau
鈥淩otten nuclear deal鈥�
The state is trying to secure some money from the utilities with the nuclear storage fund. But it is already foreseeable that the 23 billion euros plus interest in the fund will not be enough, writes Joachim Wille in an op-ed for the Frankfurter Rundschau. The deal would also partially annul the 鈥榩olluter pays鈥� principle. This would be a scandal because those utilities that are now on the brink of bankruptcy used to make huge earnings with nuclear power.
Read the op-ed in German .
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die tageszeitung
鈥淩eward for Dieselgate鈥�
Manfred Kriener criticises the e-mobility support plans in die tageszeitung and calls the federal government the 鈥渂edside rug of the auto companies鈥�. 鈥淭he biggest punchline in this game is that this guild receives buyer鈥檚 premiums as a reward at exactly the time when it stands as a criminal association that intentionally and on a large scale deceived customers, the administration and the public for years and smoked out the environment and the climate.鈥�
Read the opinion piece in German .
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Berliner Zeitung
鈥淪ubsidies also for fuel guzzlers鈥�
The subsidies will not only be used to finance e-mobility, as most of the total sum of 1.2 billion euros for buyer's premiums will probably be spent on plug-in e-cars, writes Frank-Thomas Wenzel in an opinion piece in Berliner Zeitung. 鈥淭hese are mostly highly-motorised models that easily consume ten litres or more per 100 kilometres on the Autobahn.鈥澨�
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Frankfurter Rundschau
鈥淢anufacturers of company car fleets can be pleased鈥�
Car manufacturers will hardly notice paying their share of the buyer鈥檚 premium for new electric cars, as no customer pays the full list price anyway, writes Frankfurter Rundschau. This was particularly true 鈥渂ecause the plug-in cars are very expensive anyway and yield large margins鈥�.
Read the article in German .
Read a 威力彩玩法 article on the government plans here.
Find a 威力彩玩法 dossier on the energy transition and Germany's transport sector here.
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Handelsblatt
鈥淎 daring striptease鈥�
The detailed financial report on major utility E.ON鈥檚 fossil spin-off Uniper makes for sobering reading, as the company would have lost billions of euros in the past three years, writes J眉rgen Flauger in business daily Handelsblatt. 鈥淭he large coal and gas power plants Uniper takes over are increasingly pushed out of the market by wind and solar energy.鈥�
In a separate commentary on the report, Flauger argues that the company will only have a long-term future with help from the government. Future power prices are so low that Uniper鈥檚 core business, its European power generation, will remain stuck in trouble, according to Flauger. But public help for the company may well come too late.
Read the 威力彩玩法 dossier on the utilities' fight for survival here.
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Power consumption unchanged at the start of the year
German electricity consumption remained at last year鈥檚 level in the first three months of the year, according to utility association BDEW. Unadjusted for the number of days, power consumption rose 1.1 percent to 147 billion kilowatt hours (KWh) in the first quarter. But adjusted for the leap day (29 February), Germany used the same amount of electricity.
Natural gas consumption rose six percent compared to last year, to 316 billion KWh. This was mainly due to colder temperatures, and also to the leap day, according to BDEW.
Find the press release in German .
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