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Swiss nuclear shutdown to cost €16.8 billion

AFP · 24 Nov 2011, 12:17

Published: 24 Nov 2011 12:17 GMT+01:00

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Shutting down Switzerland's five nuclear power stations will cost about 20.7 billion Swiss francs ($22.5 billion) and take about 20 years, Swiss authorities said on Thursday.

A study published by the Federal Office of Energy said that the cost had risen by 10.0 percent compared with a 2006 estimate.

The most expensive part of the process will be the long-term management of radioactive waste, it said.

The Swiss parliament approved a phased exit from nuclear energy at the end of September, six months after the Fukushima plant catastrophe in Japan.

Strong public opposition to nuclear led to a recommendation that Switzerland's five reactors not be replaced when they come to the end of their operation in 2034.

Story continues below…

A huge earthquake and tsunami on March 11th knocked out cooling systems at Fukushima, sending reactors into meltdown and leaking radiation in what was the world's worst nuclear accident since Chernobyl in 1986.

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Your comments about this article

2011-11-25 17:08:55 by HoppSuisse
Thorium reactors are being developed by Russia, China, India and other countries. It is relatively save and cheap. The spent Uranium rods can be recycled into Thorium plants to excite it and can be used up. Thorium is abundant so the world does not have to buy it from corrupt dictators. And with Thorium, bombs can not be made from the by-products. Oh yeah, it is much cheaper then a Uranium reactor. Look for it in Wikipedia.

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