«In 2016 the European Commission assessed that European Union's
nuclear decommissioning liabilities were seriously underfunded by about 118 billion euros, with only 150 billion euros of earmarked assets to cover 268 billion euros of expected decommissioning costs covering both dismantling of nuclear plants and storage of radioactive parts and waste.»
Not exact matches
The fact that
nuclear doesn't pay its full
liability costs is a subsidy, the fact that it doesn't pay its full waste and
decommissioning costs is a subsidy.»
If they closed, that huge
decommissioning liability would have to be shown on the
nuclear generator's balance sheet — figures that would soon overtake the net worth of the company, thus making it technically bankrupt.
The latter held that the
liability of a contracting authority for the breach of EU public procurement rules under the remedies directive is assimilated to that of the State under the general EU law doctrine of State
liability and thus requires a sufficiently serious breach (
Nuclear Decommissioning Authority).
Acted successfully for the appellant
Nuclear Decommissioning Authority in a landmark Supreme Court judgment establishing that damages in procurement claims are only available if any breach of duty is «sufficiently serious» within the meaning of the EU law conditions for Member State
liability.
Our lawyers are versed in US and international requirements covering new plants, power plant projects and transactions, plant regulation,
nuclear liability issues, and all aspects of the
nuclear fuel cycle, from uranium mining, enrichment, fabrication, and transport to
nuclear waste management,
decommissioning, and disposal.
Nuclear Decommissioning Authority (Appellant) v EnergySolutions EU Ltd (now called ATK Energy EU Ltd)[2017] UKSC 34 Acting successfully for the Appellant, the NDA, in a landmark Supreme Court judgment establishing that damages in procurement claims are not awarded as of right, but should only be available if any breach of duty that is established is «sufficiently serious» within the meaning of the EU law conditions for Member State
liability (i.e. the well known Francovich / Factortame conditions).