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Switzerland revises nuclear liability law
Switzerland revises nuclear liability law
Switzerland's government has adopted a total revision of the federal ordinance on civil nuclear liability. The ordinance governs the enforcement of the country's new civil nuclear liability law, which was passed by parliament in 2008 but has yet to come into force.
Nuclear Policies · Monday, 30 March 2015
Deal close for Indian reactor imports
Deal close for Indian reactor imports
India and America are close to a deal that would resolve liability issues and enable the long-awaited import of US-built reactors. Other nations, too, stand to benefit from India's plan to import up to 26 large nuclear reactors.
Nuclear Policies · Monday, 26 January 2015
Obstacles to CSC for Nuclear Damage
Obstacles to CSC for Nuclear Damage
The New Year will likely bring a sea change to the international regime of financial protection for nuclear incidents, writes James A. Glasgow, partner at Pillsbury Winthrop.
Podcasts & Features · Monday, 22 December 2014
South Korea increases nuclear liability
South Korea increases nuclear liability
South Korea's nuclear power operator Korea Hydro and Nuclear Power will need to take out over $2 billion-worth of insurance after nuclear regulators announced a ten-fold increase in the liability limit in the event of a nuclear accident.
Nuclear Policies · Friday, 12 December 2014
Sogaz insures Russia's nuclear power plants
Sogaz insures Russia's nuclear power plants
Smolensk 48Russian insurance group Sogaz has again won the annual tender to provide property insurance to all of the country's nuclear power plants. It is also to insure the construction of Russia's first floating nuclear power plant.
Corporate · Tuesday, 29 April 2014
Jaitapur clears bureaucratic hurdles
Jaitapur clears bureaucratic hurdles
The project to build the 9900 MWe Jaitapur nuclear power plant in India has cleared some significant procedural hurdles by securing coastal permits and purchasing land.
New Nuclear · Tuesday, 31 December 2013
Japan looks to ratify liability accord
Japan looks to ratify liability accord
Japan intends to introduce legislation to ratify the Convention on Supplementary Compensation for Nuclear Damage (CSC). Japan's ratification of the CSC will bring the international convention on liability into force.
Nuclear Policies · Friday, 13 December 2013
Initiative for global liability
Initiative for global liability
The prospect of a worldwide regime to give compensation in case of a nuclear accident with cross-border impacts may be more feasible with cooperation from France and the USA.
Nuclear Policies · Friday, 30 August 2013
US nuclear liability premiums adjusted
US nuclear liability premiums adjusted
The cost to US power companies of covering insurance liability for potential nuclear accidents has risen by 8%. The new rates were set by the Nuclear Regulatory Commission to take account of inflation.
Nuclear Policies · Monday, 15 July 2013
Canada to bolster nuclear liability laws
Canada to bolster nuclear liability laws
Oliver CNS June 2013 48Civil liability for damages from a nuclear accident in Canada will increase from the current CAD75 million ($73 million) to CAD1 billion ($978 million) under proposed changes to legislation.
Nuclear Policies · Tuesday, 11 June 2013
Tepco seeks additional state aid
Tepco seeks additional state aid
Tokyo Electric Power Company (Tepco) has requested more than ¥600 billion ($6 billion) in additional government funds to help pay compensation claims resulting from the accident at its Fukushima Daiichi nuclear power plant.
Corporate · Monday, 3 June 2013
AECL raises liabilities estimate
AECL raises liabilities estimate
Chalk River Laboratory 48Atomic Energy of Canada Ltd (AECL) has advised the Canadian government that its estimated liabilities for nuclear decommissioning and waste management have increased by two-thirds to C$6 billion ($5.9 billion).
Waste & Recycling · Friday, 22 March 2013
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