Wragge Lawrence Graham & Co

UK 200 2014 position: 28

Nuclear energy policy update: key recommendations from the Conference on Nuclear Third-Party Liability and Insurance

By Maxine Symington

The Conference on Nuclear Third Party Liability and Insurance, co-organised by the European Commission (EC), the European Economic and Social Committee and the Brussels Nuclear Law Association, took place on 20–21 January 2014.

The recommendations outlined at the conference follow a consultation last year that closed in October. They are subject to confirmation of EU competence under article 98 of the Euratom Treaty, to subsidiarity and proportionality principles and to their compatibility with the revised Vienna Convention (1997) (VC) and the revised Paris Convention (2004) (PC).

The UK is a signatory to PC and has drawn up an order to implement the 2004 revision. This broadens nuclear heads of claim, geography and amount of compensation available, but cannot become effective until all state signatories are ready to ratify on the same date…

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