Ignalina Nuclear Decommissioning Assistance

Summary

A proposal to extend and increase EU financial assistance for the safe decommissioning of Lithuania's Ignalina nuclear power plant.
10 17.01.2019
Other
energy
environment
administrative law
international relations
public finance and budget policy

Key points

  • The programme focuses on the safe decommissioning of the Ignalina nuclear power plant in Lithuania.
  • A significant financial gap has been identified, with an estimated EUR 1,548 million needed to complete decommissioning by 2038.
  • The proposed financial envelope for the period 2021-2027 is increased from EUR 552 million to EUR 780 million.
  • The European Union's co-financing rate is proposed to be set at 86% of eligible costs.
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