Report

The German Nuclear Phase-Out Put to the Test in International Investment Arbitration? Background to the new dispute Vattenfall v. Germany (II)

The Swedish energy company Vattenfall has now followed through on its threat to bring an international arbitration claim against Germany in relation to that country's recent decision to phase out nuclear power. Damages claimed by Vattenfall could exceed €700 million.

By Nathalie Bernasconi-Osterwalder, Rhea Tamara Hoffmann on June 5, 2012

The Swedish energy company Vattenfall has now followed through on its threat to bring an international arbitration claim against Germany in relation to that country's recent decision to phase out nuclear power.

On May 31, 2012, the dispute was registered at the International Centre for the Settlement of Investment Disputes (ICSID). According to earlier reporting, damages claimed by Vattenfall could exceed €700 million.German translation republished with permission PowerShift

Report details

Topic
Investment Law & Policy
Project
Vattenfall v. Germany
Focus area
Economies
Publisher
IISD
Copyright
IISD, 2012