Spain's nuclear waste levy hike faces legal challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
0mins
Source: Reuters
Legal Challenge Against Nuclear Waste Levy: The Spanish lobby group Foro Nuclear has filed a legal challenge against a 30% increase in the nuclear waste levy, with major operators like Iberdrola and Endesa planning to join the appeal.
Government's Nuclear Plans Under Scrutiny: The government's plan to shut down nuclear reactors by 2035, which produce about 20% of Spain's electricity, faces opposition due to concerns over the costs associated with dismantling plants and managing radioactive waste.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
