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Stock impact report

Germany shuts three of its last six nuclear plants [Reuters]

E.ON SE S/ADR (EONGY) 
NASDAQ:AMEX Investor Relations: eon.com/en/investor-relations.html
Company Research Source: Reuters
BERLIN, Jan 1 (Reuters) - Germany has pulled the plug on three of its last six nuclear power stations as it moves towards completing its withdrawal from nuclear power as it turns its focus to renewables. The government decided to speed up the phasing out of nuclear power following Japan's Fukushima reactor meltdown in 2011 when an earthquake and tsunami destroyed the coastal plant in the world's worst nuclear disaster since Chernobyl in 1986. The reactors of Brokdorf, Grohnde and Gundremmingen C, run by utilities E.ON (EONGn.DE) and RWE (RWEG.DE) , shut down late on Friday after three and half decades in operation. read more The last three nuclear power plants - Isar 2, Emsland and Neckarwestheim II - will be turned off by the end of 2022. Preussen Elektra, which runs the Brokdorf and Grohnde plants, said in a statement on Saturday the two had been shut down shortly before midnight on Friday. RWE said the Gundremmingen C plant also stopped generation on Friday evening. PreussenElektr Show less Read more
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