Publication Laka-library:
Unfair aid: The subsidies keeping Nuclear energy afloat (2005)
| Author | WISE, Nirs, P. Ward |
| Date | June 2005 |
| Classification | 6.01.0.10/91 (COSTS) |
| Front | 
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From the publication:
1. Introduction Since first introduced, the nuclear industry has received huge amounts of financial support. It is difficult to quantify exactly how much it has received in subsidies in the past or continues to receive today. This problem is not confined to nuclear power: the entire energy sector is renowned for the lack of available data on this issue. In the EU there is no comprehensive official record of past or present energy subsidies due to the lack of a harmonised reporting mechanism. The only exception to this is the annual report of direct state aid for the coal industry (EEA, 2004). Worldwide, information can only be gathered in bits and pieces, just enough to gain a rough impression of trends. In recent years energy markets in many parts of the world have been opened to increasing levels of liberalisation and privatisation and this process of liberalisation will continue in the near future. Under the terms of the most recent electricity and gas directives to be implemented by all EU countries, full liberalisation of the European energy market should be completed in 2007 (Froggatt, 2004). This will lead to changes in the financial relation between governments and electricity producers.
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