Energy Secretary Moniz Delivers Address On Energy Supply And Exports

“India’s membership in the Convention on Supplementary Compensation for Nuclear Damage (CSC) is a crucial step toward facilitating the growth of safe, civilian nuclear energy in the world’s second most populous country. In addition, India’s membership is a major step towards the global liability regime called for by the IAEA’s Nuclear Safety Action Plan to provide prompt compensation in the event of an accident and to establish a legal framework for commercial arrangements.

“I welcome India to the CSC and look forward to their deployment of civil nuclear energy technologies to help provide reliable, low-cost power to millions of Indians. These efforts will help spur a low-carbon economy to combat climate change. Additionally, we are eager to work with India, and all CSC member countries, to facilitate the use of advanced nuclear technologies developed in the United States.”