Swiss decommissioning costs bumped up post-Fukushima

Switzerland is facing spiralling costs to decommission its nuclear fleet, in the wake of the Fukushima disaster earlier this year. According to the Swiss Federal Energy Office (SFOE), estimates of […]

Register now!

By Tom Gibson

Switzerland is facing spiralling costs to decommission its nuclear fleet, in the wake of the Fukushima disaster earlier this year. According to the Swiss Federal Energy Office (SFOE), estimates of $22.4 billion to close down and decommission its nuclear plants are 10% higher than earlier projections.

Switzerland’s five nuclear reactors generate approximately 40% of its electricity. Following the nuclear accident at Fukushima in Japan back in March the Swiss parliament decided it would not replace any reactors at the end of their lives, meaning nuclear is likely to be phased out by 2034.