In 2010, the German government sets the course for entering the age of renewable energies. Nuclear energy is seen as having a bridging function. After the reactor accident at the Fukushima nuclear power plant in March 2011, society reassesses the residual risks of nuclear power. The German government initiates the final phase-out of nuclear energy. 6 years later, the "Nuclear Waste Management Financing Fund" is established as a foundation under public law.
KENFO is a foundation under public law, which was established to ensure the funding of the interim and final storage of radioactive waste resulting from the commercial use of nuclear energy for the generation of electricity in Germany.