Editing Vattenfall (section)

===Nuclear generation===
In January 2016, Vattenfall announced that its Swedish nuclear power plants, including the newer reactors, were operating at a loss due to low electricity prices and Sweden's nuclear output tax. It warned that if it was forced to shut the plants down, there would be serious consequences to Sweden's electricity supply, and argued that the nuclear output tax should be scrapped.<ref name="wnn-20160108">{{cite news|url=http://www.world-nuclear-news.org/C-Vattenfall-seeks-to-return-reactors-to-profitability-0801164.html|title=Vattenfall seeks to return reactors to profitability|date=8 January 2016|access-date=11 January 2016|publisher=World Nuclear News}}</ref>

{{Anchor|ICSID}}In October 2016 Vattenfall began litigation against the German government for its 2011 decision to accelerate the phase-out of nuclear power.  Hearings are taking place at the [[World Bank]]'s [[International Centre for Settlement of Investment Disputes]] (ICSID) in [[Washington, D.C.]] and Vattenfall is claiming almost €4.7{{nbsp}}billion in damages. The German government regards the action as "inadmissible and unfounded".<ref name="clew-2016">{{cite web |title=Showdown in Germany's nuclear phase-out |date=10 October 2016 |work=Clean Energy Wire (CLEW) |location=Berlin, Germany |url=https://www.cleanenergywire.org/news/all-new-cars-emission-free-2030-energiewende-costs/showdown-germanys-nuclear-phase-out |access-date=2016-10-24}}</ref><ref name="Reuters"/> 

In March 2021 the German government agreed to a settlement which resulted in €1.425 billion being paid to Vattenfall as part of a larger compensation package for all the utility companies impacted.<ref>{{Cite web |title=Germany Settles Nuclear Phaseout Legal Disputes for $2.9B |url=https://www.greentechmedia.com/articles/read/germany-settles-nuclear-phase-out-legal-disputes-for-2.9b |access-date=2024-10-01 |website=www.greentechmedia.com}}</ref>