|
|
 |
|
Viewing report
|
|
|
|
BULLETIN: Swedish Government Proposes New Nuclear Phase-Out Policy Mar 02
Standard & Poors, March 2002
Abstract
Standard & Poor's said today that the new Swedish nuclear phase-out policy proposed today includes positive and negative features, but that it would not immediately effect the ratings or outlooks on nuclear asset owners, including Birka Energi AB (BBB+/Watch Neg/A-2), Sydkraft AB (A+/Positive/A-1), and Vattenfall AB (A-/Negative/A-2). Based on German examples, the Swedish government is proposing a voluntary phase-out agreement with the nuclear energy industry, maximizing total nuclear generation, but allowing the industry to distribute the output between reactors and decide on the timing of individual reactor phase-out. In contrast to the existing policy (used for the Barseb-ck closure), which is based on politically imposed closures and economic compensation, the proposed agreement would remove any compensation entitlements, while reducing political...
Companies mentioned in this report are: Fortum Power & Heat AB,E.ON Sverige AB,Vattenfall AB
Action: S&P Event
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
