ECONOMIC BRIEFS

Nuclear waste fund expanded to tackle Bohunice closure

Parliament passed a revision to the act on the State Fund for Liquidation of Nuclear Energy Facilities and the Handling of Spent Nuclear Fuel and Nuclear Waste during its sitting on November 2. The change widens the possible uses of the fund's money for handling nuclear waste and protecting the environment around Slovakia's nuclear facilities.

The fund's main source of income will be a compulsory contribution from nuclear operator Slovenské Elektrárne, which will pay 10% of the proceeds from the sale of electricity produced at its nuclear power stations. The total expected income of the fund is estimated at 58 billion crowns by the year 2030. The fund will be used for shutting down the A-1, V-1, V-2 nuclear reactor blocks at the controversial Jaslovské Bohunice plant (approximately 3 billion crowns), and eventually the two new reactor blocks at the Mochovce station (approximately 40 billion crowns).

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