The Nuclear Waste Disposal Fund (German: Fonds zur Finanzierung der kerntechnischen Entsorgung) is a German federal fund to manage the financial endowment for long-term nuclear waste storage sites. The fund is organised as a trust and falls into the remit of the Federal Ministry for Economic Affairs and Energy. However, the closure of all power stations must be followed by finding a permanent nuclear graveyard by the government's 2031 deadline. In the aftermath of the nuclear disaster in Fukushima in 2011, the German government decided to phase out nuclear energy production. All German nuclear power plants must therefore be shut down by 2022. Power plant operators were made responsible for the dismantling and disposal of the resulting nuclear waste. To address concerns that the disposal of nuclear waste may be dependent on the financial stability of those operators, the long-term financial responsibility was shifted to a trust fund managed by a federal government agency - the "nuclear fund" (German: "Atomfonds"). More information...
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