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DOE Takes Steps to Fulfill Obligation Under the Energy Independence and Security Act

July 27, 2010 - 4:19pm

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Seeks Comments on the Convention on Supplementary Compensation for Nuclear Damage

Today, as required by Congress, the Department of Energy (DOE) issued a Notice of Inquiry (NOI) soliciting comments from nuclear suppliers, nuclear insurance providers, and other stakeholders on the development of regulations to carry out section 934 of the Energy Independence and Security Act of 2007 (EISA), which implements the Convention on Supplementary Compensation for Nuclear Damage (CSC).

The CSC provides for a world-wide approach to assure prompt and equitable compensation in the event of certain nuclear incidents, and features the creation of an international fund to supplement the amount of compensation available for nuclear damage resulting from any such incidents. In the event that the United States must make a contribution to the CSC international fund, United States nuclear suppliers would contribute to a program reimbursing the United States for the full amount of this contribution.

Public comments are due by September 27, 2010. The NOI is available here.

 

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