Nuclear operator liability cap to rise to $1.2 billion for incidents from 2027 onward

Plain-language summary · AI-assisted

A pending regulatory amendment will add a new tier to the liability limit that nuclear installation operators face following a nuclear incident. Once it takes effect, incidents arising on or after January 1, 2027 will be subject to a $1.2 billion operator liability cap, which will sit above the existing cap in paragraph (d). The change is not yet in force and is listed as an amendment not currently in force in the consolidated text. Nuclear operators and their insurers should be aware that their financial exposure and coverage requirements are set to increase under this future rule.

Who this affects
nuclear installation operators · nuclear liability insurers · approved insurers under the Act