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Group action for nuclear phase-out – Germany vs Vattenfall

The Swedish energy company Vattenfall wants money from Germany, quite a lot of money. EUR 6.1 billion, as ‘compensation for damages’. The company argues that the maturities of its nuclear reactors were devalued after the nuclear phase-out in 2011. In 2012, Vattenfall filed a lawsuit against Germany before a private international arbitral tribunal in Washington. A decision is expected this year or at the latest at the beginning of next year. But how does this happen and what can we do about it? The video provides insight.

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