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Keyword:nuclear damage liability
Thailand Advances SMR Regulatory Preparedness to Strengthen Energy Security
On September 8, 2026, Thailand's Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, Yodchanan Wongsawat, chaired the second meeting of the Nuclear Energy for Peace Committee in 2026 at Government House. The meeting discussed Thailand's long-term nuclear energy strategy and preparatory work on the regulatory framework, talent development, and industrial supply chain for Small Modular Reactors (SMRs). The Thai government emphasized that these efforts constitute preliminary capacity building and do not imply a decision to construct nuclear power plants. The meeting approved an SMR regulatory policy framework, which draws on relevant standards of the International Atomic Energy Agency (IAEA)...
2026-09-09
India Releases Draft Rules Accompanying SHANTI Act, Requiring Nuclear Power Operators to Provide Nuclear Damage Insurance or Financial Guarantees
The Department of Atomic Energy (DAE) of India recently released the draft SHANTI Rules 2026 and the draft SHANTI Regulations 2026 for public consultation. The two documents set out provisions on nuclear project licensing, safety authorization, and nuclear damage liability, aiming to provide an institutional framework for India's expansion of nuclear power capacity and the introduction of more market players into nuclear energy development. Under the drafts, operators of nuclear power plants or reactors must purchase insurance, provide financial guarantees, or adopt both approaches for nuclear damage. Such financial security must remain in effect until all spent fuel has been removed from the corresponding storage pools. The drafts also propose the establishment of a nuclear liability fund, with funding sources linked to the civil liability limits borne by operators...
2026-08-17