Swiss nuclear plant to close in 2019
State-owned energy firm BKW said the Mühleberg nuclear facility, located around 17 kilometres from the Swiss capital Bern, will go offline in 2019.
The Swiss Government approved a phase-out of the country’s nuclear plants by 2034 and scrapped plans to build new reactors.
BKW intends to invest roughly 200 million Swiss francs ($222.67 million) to maintain and upgrade Mühleberg over the next six years.
The company said: “Investing in the plant’s long-term operation would have entailed high costs, the amortisation of which would have been too uncertain given the prevailing economic, regulatory and political conditions.”
Source: Energy News Live